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<title>Institutional Knowledge at Singapore Management University</title>
<copyright>Copyright (c) 2013 Singapore Management University All rights reserved.</copyright>
<link>http://ink.library.smu.edu.sg</link>
<description>Recent documents in Institutional Knowledge at Singapore Management University</description>
<language>en-us</language>
<lastBuildDate>Sat, 18 May 2013 01:35:27 PDT</lastBuildDate>
<ttl>3600</ttl>


	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	

	
		
	




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<title>Lipton Tea in Turkey: Infusing a Real Flavour of Sustainability</title>
<link>http://ink.library.smu.edu.sg/cases_coll_all/45</link>
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<pubDate>Thu, 16 May 2013 01:10:27 PDT</pubDate>
<description>
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	<p>This case study discusses the initiatives taken by Unilever, one of the world’s leading fast moving consumer goods companies, to promote sustainability by using the example of Lipton Tea in Turkey. In November 2010 Unilever launched the ambitious ‘Unilever Sustainable Living Plan’, committing to a ten year journey towards sustainable growth that would touch every point of the value chain – taking responsibility not only for its own direct operations with its suppliers and distributors, but also for how the consumers would use its brands. Lipton Tea, the world’s largest tea brand, was the first Unilever brand to partner with Rainforest Alliance™ in May 2007 to obtain certification that its tea came from sustainable farms. What made Lipton’s sustainability strategy particularly impressive was that it had defied the traditional approach of introducing sustainable products as a niche brand in the market targeted towards the sensitive customer. Instead the company adopted a large-scale mainstream approach, planning that by 2015, all the tea in Lipton teabags would be sourced from Rainforest Alliance™ Certified farms, and by 2020, every kilogram of Unilever tea would be sourced sustainably.</p>
<p>In July 2011, Unilever Turkey launched the ‘Sustainable Tea Agriculture’ project with an aim that consumers in Turkey would soon be able to buy Lipton tea bearing the Rainforest Alliance™ seal on the pack. The final objective was that by 2018, all Lipton teas sold in Turkey would be sourced from Rainforest Alliance™ Certified farms. This case describes the measures taken so far to achieve the above initiative, and also the challenges that were expected in convincing Lipton Tea consumers and supply chain collaborators of the real value proposition of such sustainability efforts. Through this case, students would be exposed to the concept of sustainability, and to the many factors that have made it become so important for companies, particularly the large multi-nationals, to commit to such initiatives.</p>

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<author>Philip C. Zerrillo et al.</author>


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<title>BT Campus</title>
<link>http://ink.library.smu.edu.sg/heritage_gallery/8</link>
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<pubDate>Tue, 14 May 2013 23:36:01 PDT</pubDate>
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<title>Vital Facets of Business Sustainability</title>
<link>http://ink.library.smu.edu.sg/lkcsb_research/3510</link>
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<pubDate>Tue, 14 May 2013 02:12:11 PDT</pubDate>
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<author>Lieven DEMEESTER</author>


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<title>Ratings Lead You To The Product, Reviews Help You Clinch It :  The Dynamics and Impact of Online Review Sentiments on Products Sales</title>
<link>http://ink.library.smu.edu.sg/lkcsb_research/3509</link>
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<pubDate>Tue, 14 May 2013 02:12:06 PDT</pubDate>
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<author>Nan HU et al.</author>


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<title>Using case studies to design and deliver technology-centered computing education courses: an innovative approach from an undergraduate Information Systems program in Singapore</title>
<link>http://ink.library.smu.edu.sg/sis_research/1804</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sis_research/1804</guid>
<pubDate>Tue, 14 May 2013 01:43:49 PDT</pubDate>
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<author>Ilse BAUMGARTNER</author>


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<title>Computing Immutable Regions for Subspace Top-k Queries</title>
<link>http://ink.library.smu.edu.sg/sis_research/1803</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sis_research/1803</guid>
<pubDate>Tue, 14 May 2013 01:43:45 PDT</pubDate>
<description>
	<![CDATA[
	<p>Given a high-dimensional dataset, a top-k query can be used to shortlist the k tuples that best match the user’s preferences. Typically, these preferences regard a subset of the available dimensions (i.e., attributes) whose relative significance is expressed by user-specified weights. Along with the query result, we propose to compute for each involved dimension the maximal deviation to the corresponding weight for which the query result remains valid. The derived weight ranges, called immutable regions, are useful for performing sensitivity analysis, for finetuning the query weights, etc.</p>
<p>In this paper, we focus on top-k queries with linear preference functions over the queried dimensions. We codify the conditions under which changes in a dimension’s weight invalidate the query result, and develop algorithms to compute the immutable regions. In general, this entails the examination of numerous non-result tuples. To reduce processing time, we introduce a pruning technique and a thresholding mechanism that allow the immutable regions to be determined correctly after examining only a small number of non-result tuples. We demonstrate empirically that the two techniques combine well to form a robust and highly resource-efficient algorithm. We verify the generality of our findings using real highdimensional data from different domains (documents, images, etc) and with different characteristics.</p>

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<author>Kyriakos MOURATIDIS et al.</author>


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<title>Congruence and Variation in Sources of Regime Support in Asia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1303</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1303</guid>
<pubDate>Tue, 14 May 2013 00:56:47 PDT</pubDate>
<description>
	<![CDATA[
	<p>The question of regime legitimacy or the “right to rule” has fascinated political scientists since Aristotle, as the discipline has long debated the extent to which citizens in different countries support different types of regimes and why. Over the last few decades a plethora of research has not only explored the level of citizen support for democracy and authoritarian regimes, it has offered reasons why. From analyses of critical citizens and political culture to governance and nationalism, we now have a series of alternatives to weigh in assessing the underlying factors of regime support. Implicit in this discussion of regime support has been the closely related issue of regime resilience, whether democratic and authoritarians regimes persist and why. Here explanations range from issues of income levels and economic conditions to electoral competition. Most of the work has centered on understanding democratic regimes, although increasingly studies have looked at more authoritarian systems across regime types.</p>

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</description>

<author>Bridget Beatrice WELSH</author>


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<title>Avoiding Russia&apos;s Path in Myanmar</title>
<link>http://ink.library.smu.edu.sg/soss_research/1301</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1301</guid>
<pubDate>Tue, 14 May 2013 00:56:46 PDT</pubDate>
<description>
	<![CDATA[
	<p>The political reforms that have occurred from August 2011 in Myanmar have captured international attention due in part to the overwhelming desire for the pariah of ASEAN to move toward better governance and greater political liberalization. The unexpected changes began in August 2011 when the current president Thein Sein rallied reformers in his Cabinet and sat down with the country’s de facto opposition leader Aung San Suu Kyi to move the country toward national reconciliation. Over the last seven months, Myanmar’s military leadership has begun a process of liberalization that is unprecedented.</p>

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<author>Bridget Beatrice WELSH</author>


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<title>Malaysia&apos;s Politics Post-Anwar Ibrahim</title>
<link>http://ink.library.smu.edu.sg/soss_research/1302</link>
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<pubDate>Tue, 14 May 2013 00:56:46 PDT</pubDate>
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<author>Bridget Beatrice WELSH</author>


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<title>High Stakes for Bersih 3.0 Rally</title>
<link>http://ink.library.smu.edu.sg/soss_research/1300</link>
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<pubDate>Tue, 14 May 2013 00:56:45 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>A Different Merdeka This Year</title>
<link>http://ink.library.smu.edu.sg/soss_research/1298</link>
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<pubDate>Tue, 14 May 2013 00:56:44 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Road to Malaysia&apos;s Day of Destiny</title>
<link>http://ink.library.smu.edu.sg/soss_research/1299</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1299</guid>
<pubDate>Tue, 14 May 2013 00:56:44 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Popular Populism? Najib&apos;s Budget 2013 Gamble</title>
<link>http://ink.library.smu.edu.sg/soss_research/1297</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1297</guid>
<pubDate>Tue, 14 May 2013 00:56:43 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Looking Within: Dominant Party De-alignment in Malaysia and Singapore</title>
<link>http://ink.library.smu.edu.sg/soss_research/1295</link>
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<pubDate>Tue, 14 May 2013 00:56:42 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>In the Shadow of Strongmen</title>
<link>http://ink.library.smu.edu.sg/soss_research/1296</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1296</guid>
<pubDate>Tue, 14 May 2013 00:56:42 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Obama&apos;s Victory of Hope over Hate</title>
<link>http://ink.library.smu.edu.sg/soss_research/1294</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1294</guid>
<pubDate>Tue, 14 May 2013 00:56:41 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>The importance of employee well-being</title>
<link>http://ink.library.smu.edu.sg/soss_research/1293</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1293</guid>
<pubDate>Tue, 14 May 2013 00:56:40 PDT</pubDate>
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<author>William TOV et al.</author>


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<title>Malaysia&apos;s Moment of Sanity</title>
<link>http://ink.library.smu.edu.sg/soss_research/1292</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1292</guid>
<pubDate>Tue, 14 May 2013 00:56:40 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Myanmar&apos;s Road to Democracy</title>
<link>http://ink.library.smu.edu.sg/soss_research/1291</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1291</guid>
<pubDate>Tue, 14 May 2013 00:56:39 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>A Call for a More Constructive Media</title>
<link>http://ink.library.smu.edu.sg/soss_research/1289</link>
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<pubDate>Tue, 14 May 2013 00:56:38 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Political Change in Myanmar</title>
<link>http://ink.library.smu.edu.sg/soss_research/1290</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1290</guid>
<pubDate>Tue, 14 May 2013 00:56:38 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>United Front for Reforms in Myanmar</title>
<link>http://ink.library.smu.edu.sg/soss_research/1288</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1288</guid>
<pubDate>Tue, 14 May 2013 00:56:37 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>What&apos;s Keeping Malaysia&apos;s Opposition Together?</title>
<link>http://ink.library.smu.edu.sg/soss_research/1287</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1287</guid>
<pubDate>Tue, 14 May 2013 00:56:36 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Politics of Accommodation in PAS: The 58th Muktamar</title>
<link>http://ink.library.smu.edu.sg/soss_research/1286</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1286</guid>
<pubDate>Tue, 14 May 2013 00:56:35 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Blueprint of Hope in Myanmar</title>
<link>http://ink.library.smu.edu.sg/soss_research/1284</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1284</guid>
<pubDate>Tue, 14 May 2013 00:56:33 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>Breaking from the Past: The 2012 Hougang By-Election</title>
<link>http://ink.library.smu.edu.sg/soss_research/1285</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1285</guid>
<pubDate>Tue, 14 May 2013 00:56:33 PDT</pubDate>
<description>
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<author>Bridget Beatrice WELSH</author>


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<title>The Effect of group Attitude Diversity on Cooperation in Social Dilemmas: When and How do Undecided People Promote Cooperation?</title>
<link>http://ink.library.smu.edu.sg/soss_research/1282</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1282</guid>
<pubDate>Tue, 14 May 2013 00:56:31 PDT</pubDate>
<description>
	<![CDATA[
	<p>Groups often have members who hold opposing opinions on specific issues. The presence of undecided people within a group may promote cooperation among group members who hold opposing views on an issue under consideration. The study examined the joint effects of group attitude diversity (i.e. mixed attitude diversity vs. polarized attitude diversity) and one’s strength of attitude on the cooperation. In groups considering a controversial issue with no undecided group members (i.e. polarized attitude diversity), people with strong attitudes were less likely than those with weak attitudes to cooperate with group members who held opposing views. However, the above differences became non-significant when participants were placed in groups with some undecided group members (i.e. mixed attitude diversity). The results from the study suggested that the presence of undecided group members mitigates the negative impact of attitude strength on subsequent cooperation.</p>

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<author>Ming-Hong TSAI</author>


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<title>The effects of the presence of the undecided on information-sharing in groups</title>
<link>http://ink.library.smu.edu.sg/soss_research/1283</link>
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<pubDate>Tue, 14 May 2013 00:56:31 PDT</pubDate>
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<author>Ming-Hong TSAI</author>


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<title>Development and Initial validation of the willingness to compromise scale</title>
<link>http://ink.library.smu.edu.sg/soss_research/1281</link>
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<pubDate>Tue, 14 May 2013 00:56:30 PDT</pubDate>
<description>
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<author>Ghin Hee Serena WEE</author>


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<title>Negotiating Ethnic and Religious Diversity</title>
<link>http://ink.library.smu.edu.sg/soss_research/1280</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1280</guid>
<pubDate>Tue, 14 May 2013 00:56:28 PDT</pubDate>
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<author>Syed Ijlal Hussain NAQVI</author>


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<title>Trajectories of Chinese Communities outside China: Chinese diaspora then and now</title>
<link>http://ink.library.smu.edu.sg/soss_research/1279</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1279</guid>
<pubDate>Tue, 14 May 2013 00:56:27 PDT</pubDate>
<description>
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<author>Margaret CHAN</author>


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<title>Chinese spirit-medium worship New ideas for an ancient religion</title>
<link>http://ink.library.smu.edu.sg/soss_research/1278</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1278</guid>
<pubDate>Tue, 14 May 2013 00:56:26 PDT</pubDate>
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<author>Margaret CHAN</author>


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<title>Diaspora: Persistence and Change through the lens of Tang-ki spirit medium worship</title>
<link>http://ink.library.smu.edu.sg/soss_research/1277</link>
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<pubDate>Tue, 14 May 2013 00:56:26 PDT</pubDate>
<description>
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<author>Margaret CHAN</author>


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<title>The Chinese in Indonesia: Encounter, exchange and convergence</title>
<link>http://ink.library.smu.edu.sg/soss_research/1276</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1276</guid>
<pubDate>Tue, 14 May 2013 00:56:23 PDT</pubDate>
<description>
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<author>Margaret CHAN</author>


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<title>Putting Religion into Multiculturalism: Conceptualizing Religious Multiculturalism in Indonesia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1275</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1275</guid>
<pubDate>Tue, 14 May 2013 00:56:22 PDT</pubDate>
<description>
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<author>Chang Yau HOON</author>


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<title>Multicultural and Citizenship Education in Post-Suharto Indonesia: The Case of a Christian School</title>
<link>http://ink.library.smu.edu.sg/soss_research/1274</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1274</guid>
<pubDate>Tue, 14 May 2013 00:56:20 PDT</pubDate>
<description>
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<author>Chang Yau HOON</author>


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<title>Pancasila and the Christians in Indonesia: A Waning Protection?</title>
<link>http://ink.library.smu.edu.sg/soss_research/1273</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1273</guid>
<pubDate>Tue, 14 May 2013 00:56:19 PDT</pubDate>
<description>
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<author>Chang Yau HOON</author>


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<title>Putting Religion into Multiculturalism: Discourses and Practices of Multiculturalism in Indonesia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1272</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1272</guid>
<pubDate>Tue, 14 May 2013 00:56:17 PDT</pubDate>
<description>
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</description>

<author>Chang Yau HOON</author>


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<title>Multicultural and Citizenship Education in Post-Suharto Indonesia: The Case of a Christian School</title>
<link>http://ink.library.smu.edu.sg/soss_research/1271</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1271</guid>
<pubDate>Tue, 14 May 2013 00:56:15 PDT</pubDate>
<description>
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</description>

<author>Chang Yau HOON</author>


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<title>The doughnut pattern of corporate donations: Structural power and the legitimacy constraint</title>
<link>http://ink.library.smu.edu.sg/soss_research/1270</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1270</guid>
<pubDate>Tue, 14 May 2013 00:56:13 PDT</pubDate>
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<author>Nicholas Michael HARRIGAN</author>


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<title>Subgraph Approaches to Social Networks: The molecular modeling of social networks</title>
<link>http://ink.library.smu.edu.sg/soss_research/1269</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1269</guid>
<pubDate>Tue, 14 May 2013 00:56:12 PDT</pubDate>
<description>
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<author>Nicholas Michael HARRIGAN</author>


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<title>Broadcasters and Listeners: Tie formation on Twitter</title>
<link>http://ink.library.smu.edu.sg/soss_research/1268</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1268</guid>
<pubDate>Tue, 14 May 2013 00:56:10 PDT</pubDate>
<description>
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</description>

<author>Nicholas Michael HARRIGAN</author>


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<title>The emerging class structure in rural China</title>
<link>http://ink.library.smu.edu.sg/soss_research/1267</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1267</guid>
<pubDate>Tue, 14 May 2013 00:56:09 PDT</pubDate>
<description>
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<author>Qian (Forrest) ZHANG</author>


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<title>Family Farming in China&apos;s Agrarian Transition: Competing Paths in Diverse Local Political Economies</title>
<link>http://ink.library.smu.edu.sg/soss_research/1266</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1266</guid>
<pubDate>Tue, 14 May 2013 00:56:08 PDT</pubDate>
<description>
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</description>

<author>Qian (Forrest) ZHANG</author>


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<title>State and Market in Managing Urban Food Supply: The Restructuring of Vegetable Retail in Shanghai</title>
<link>http://ink.library.smu.edu.sg/soss_research/1265</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1265</guid>
<pubDate>Tue, 14 May 2013 00:56:07 PDT</pubDate>
<description>
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<author>Qian (Forrest) ZHANG</author>


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<item>
<title>Sexual double standards in Singapore: Actual and intersubjective norms</title>
<link>http://ink.library.smu.edu.sg/soss_research/1264</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1264</guid>
<pubDate>Tue, 14 May 2013 00:56:06 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>K. A. Valentine et al.</author>


</item>




<item>
<title>Location, location, location: The Dark Triad and Life History indicators in American, Singaporean, and Polish samples</title>
<link>http://ink.library.smu.edu.sg/soss_research/1262</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1262</guid>
<pubDate>Tue, 14 May 2013 00:56:01 PDT</pubDate>
<description>
	<![CDATA[
	<p>The current research examined the link between the Dark Triad traits and individual’s life histories in the USA (n = 264), Singapore (n = 185) and Poland (n = 177). It was hypothesized that relationships between the Dark Triad traits and fast life history indicators would be more pronounced in populations that experienced greater hardship and environmental unpredictability connected to socioeconomic stress and that this is because the Dark Triad traits represent a context-dependent, fast life histories strategy. Results showed that (1) in a society (i.e., Poland) that has suffered protracted periods of socioeconomic stress, there was a strong and more expansive link between the Dark Triad and life history indicators and (2) men scored higher than women did on the Dark Triad traits in all three locations. Results are discussed from a Life History Theory perspective.</p>

	]]>
</description>

<author>P. K. Jonason et al.</author>


</item>




<item>
<title>Ovulation Leads Women to Perceive Sexy Cads as Good Dads</title>
<link>http://ink.library.smu.edu.sg/soss_research/1263</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1263</guid>
<pubDate>Tue, 14 May 2013 00:56:01 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Norman Pin Cheng LI et al.</author>


</item>




<item>
<title>Interpersonal aggression and life history strategy: A cross-cultural study</title>
<link>http://ink.library.smu.edu.sg/soss_research/1261</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1261</guid>
<pubDate>Tue, 14 May 2013 00:56:00 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>A. J. Figueredo et al.</author>


</item>




<item>
<title>Taking Inspiration from Europe? ASEAN’s views on European Integration</title>
<link>http://ink.library.smu.edu.sg/soss_research/1260</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1260</guid>
<pubDate>Tue, 14 May 2013 00:55:58 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Clara PORTELA SAIS</author>


</item>




<item>
<title>The Impact of Social Media on Communication and Coordination Processes Within and Between Teams</title>
<link>http://ink.library.smu.edu.sg/soss_research/1259</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1259</guid>
<pubDate>Tue, 14 May 2013 00:55:57 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>G. B. Schmidt et al.</author>


</item>




<item>
<title>Factors effecting individual self-regulation and learning processes</title>
<link>http://ink.library.smu.edu.sg/soss_research/1258</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1258</guid>
<pubDate>Tue, 14 May 2013 00:55:56 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Guihyun Grace PARK et al.</author>


</item>




<item>
<title>Priming “Culture”</title>
<link>http://ink.library.smu.edu.sg/soss_research/1257</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1257</guid>
<pubDate>Tue, 14 May 2013 00:55:55 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chi-Ying CHENG</author>


</item>




<item>
<title>The Effect of Gender-Professional Identity Integration (G-PII) on Female Businessperson’s Cooperative Tendency and Negotiation</title>
<link>http://ink.library.smu.edu.sg/soss_research/1256</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1256</guid>
<pubDate>Tue, 14 May 2013 00:55:54 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chi-Ying CHENG et al.</author>


</item>




<item>
<title>Boundaries of the multiculturalism-creativity link: The effects of diverse culture, competitiveness, and need for cognitive closure on creativity</title>
<link>http://ink.library.smu.edu.sg/soss_research/1255</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1255</guid>
<pubDate>Tue, 14 May 2013 00:55:53 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chi-Ying CHENG et al.</author>


</item>




<item>
<title>Congruence and Variation in Sources of Regime Support in Asia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1254</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1254</guid>
<pubDate>Tue, 14 May 2013 00:55:51 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Do East Asians Support Gender Equality and Why?</title>
<link>http://ink.library.smu.edu.sg/soss_research/1253</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1253</guid>
<pubDate>Tue, 14 May 2013 00:55:50 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Contesting Freedom of Information in Asia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1252</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1252</guid>
<pubDate>Tue, 14 May 2013 00:55:50 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Bridget Beatrice WELSH</author>


</item>




<item>
<title>Women under Attack: &apos;Victimization&apos; and Political Office in Southeast Asia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1251</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1251</guid>
<pubDate>Tue, 14 May 2013 00:55:49 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH</author>


</item>




<item>
<title>Portraits of Malaysian Voters</title>
<link>http://ink.library.smu.edu.sg/soss_research/1250</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1250</guid>
<pubDate>Tue, 14 May 2013 00:55:46 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Bridget Beatrice WELSH</author>


</item>




<item>
<title>The Business of Education</title>
<link>http://ink.library.smu.edu.sg/soss_research/1249</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1249</guid>
<pubDate>Tue, 14 May 2013 00:55:44 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Thomas Brian MOONEY</author>


</item>




<item>
<title>Trust and Friendship</title>
<link>http://ink.library.smu.edu.sg/soss_research/1248</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1248</guid>
<pubDate>Tue, 14 May 2013 00:55:43 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Thomas Brian MOONEY</author>


</item>




<item>
<title>Friendship with the Bad</title>
<link>http://ink.library.smu.edu.sg/soss_research/1247</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1247</guid>
<pubDate>Tue, 14 May 2013 00:55:41 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Thomas Brian MOONEY</author>


</item>




<item>
<title>How to Unprime or Halt Automatic Good-bad Evaluation of Others’ Behaviors</title>
<link>http://ink.library.smu.edu.sg/soss_research/1246</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1246</guid>
<pubDate>Tue, 14 May 2013 00:55:40 PDT</pubDate>
<description>
	<![CDATA[
	<p>Only entity theorists of personality believing in fixed traits (but not incremental theorists believing in malleable traits) form automatic good-bad evaluation of others’ behaviors. Automatically formed evaluations can be “unprimed” by expression (Sparrow & Wegner, 2006). Automatic evaluative process can be halted by removal of an evaluative goal.</p>

	]]>
</description>

<author>Yuk Yue (Jennifer) TONG et al.</author>


</item>




<item>
<title>Exploring bilingual phonological awareness and executive attention in preschoolers</title>
<link>http://ink.library.smu.edu.sg/soss_research/1245</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1245</guid>
<pubDate>Tue, 14 May 2013 00:55:39 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Hwajin YANG</author>


</item>




<item>
<title>Small Works: Poverty and Economic Development in Southwestern China.</title>
<link>http://ink.library.smu.edu.sg/soss_research/1244</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1244</guid>
<pubDate>Tue, 14 May 2013 00:55:39 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>John Andrew DONALDSON</author>


</item>




<item>
<title>Small Works: Poverty and Economic Development in Southwestern China</title>
<link>http://ink.library.smu.edu.sg/soss_research/1243</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1243</guid>
<pubDate>Tue, 14 May 2013 00:55:38 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>John Andrew DONALDSON</author>


</item>




<item>
<title>Social Work Practices and the Optimization of Social Management in China – The Guangdong Model</title>
<link>http://ink.library.smu.edu.sg/soss_research/1242</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1242</guid>
<pubDate>Tue, 14 May 2013 00:55:38 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Wai Keung CHUNG</author>


</item>




<item>
<title>South Africa and the United Nations Human Rights Council</title>
<link>http://ink.library.smu.edu.sg/soss_research/1241</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1241</guid>
<pubDate>Tue, 14 May 2013 00:55:37 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Eduard Christiaan JORDAAN</author>


</item>




<item>
<title>Democratic Governance and Social-Political Cleavage in South Korea: Policy Framing, Threat, and Securitization</title>
<link>http://ink.library.smu.edu.sg/soss_research/1240</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1240</guid>
<pubDate>Tue, 14 May 2013 00:55:36 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yooil BAE</author>


</item>




<item>
<title>Global Energy Governance to Address Global Change: Concepts and Future Implications</title>
<link>http://ink.library.smu.edu.sg/soss_research/1239</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1239</guid>
<pubDate>Tue, 14 May 2013 00:55:35 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Ann Margaret FLORINI</author>


</item>




<item>
<title>Malleable Creativity: Priming Content promotes Content-specific Creativity</title>
<link>http://ink.library.smu.edu.sg/soss_research/1237</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1237</guid>
<pubDate>Tue, 14 May 2013 00:55:33 PDT</pubDate>
<description>
	<![CDATA[
	<p>The current study investigated whether creativity can be boosted by priming and whether the content of the priming can modulate creative performance either in content-general or content-specific manner. Our study demonstrates that implicit priming modulates creative performance in a content-specific way, suggesting that creativity may be a domain-specific skill rather than a domain-general skill.</p>

	]]>
</description>

<author>Hwajin YANG et al.</author>


</item>




<item>
<title>Fostering Creativity and collaboration through music, animation and ICT games</title>
<link>http://ink.library.smu.edu.sg/soss_research/1238</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1238</guid>
<pubDate>Tue, 14 May 2013 00:55:33 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>T. Yong et al.</author>


</item>




<item>
<title>Relationship between phonological awareness and executive function skills in English-Chinese bilingual children in Singapore</title>
<link>http://ink.library.smu.edu.sg/soss_research/1236</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1236</guid>
<pubDate>Tue, 14 May 2013 00:55:30 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Hwajin YANG et al.</author>


</item>




<item>
<title>Chinese Indonesians and Regime Change</title>
<link>http://ink.library.smu.edu.sg/soss_research/1235</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1235</guid>
<pubDate>Tue, 14 May 2013 00:55:29 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chang Yau HOON</author>


</item>




<item>
<title>Poverty Reduction and Sustainable Development in Rural China</title>
<link>http://ink.library.smu.edu.sg/soss_research/1234</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1234</guid>
<pubDate>Tue, 14 May 2013 00:55:28 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>John Andrew DONALDSON</author>


</item>




<item>
<title>Aesthetic Constructions of Korea Nationalism: Spectacle, Politics and History</title>
<link>http://ink.library.smu.edu.sg/soss_research/1233</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1233</guid>
<pubDate>Tue, 14 May 2013 00:55:27 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yooil BAE</author>


</item>




<item>
<title>Materialism and The Good Life: Cultural Perspectives</title>
<link>http://ink.library.smu.edu.sg/soss_research/1232</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1232</guid>
<pubDate>Tue, 14 May 2013 00:55:24 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Christie SCOLLON et al.</author>


</item>




<item>
<title>Bodies for the Gods: Image Worship in Chinese Popular Religion</title>
<link>http://ink.library.smu.edu.sg/soss_research/1231</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1231</guid>
<pubDate>Tue, 14 May 2013 00:55:23 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Margaret CHAN</author>


</item>




<item>
<title>Introduction: Changing Leadership and People-Organization Relationships in Chinese Business</title>
<link>http://ink.library.smu.edu.sg/soss_research/1230</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1230</guid>
<pubDate>Tue, 14 May 2013 00:55:21 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Thomas Menkhoff et al.</author>


</item>




<item>
<title>Evolving Chineseness, Ethnicity and Business: The Making of the Ethnic Chinese as a ‘Market-Dominant Minority’ in Indonesia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1229</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1229</guid>
<pubDate>Tue, 14 May 2013 00:55:20 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chang Yau HOON</author>


</item>




<item>
<title>Timothy Ong</title>
<link>http://ink.library.smu.edu.sg/soss_research/1228</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1228</guid>
<pubDate>Tue, 14 May 2013 00:55:18 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chang Yau HOON</author>


</item>




<item>
<title>James Riady</title>
<link>http://ink.library.smu.edu.sg/soss_research/1227</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1227</guid>
<pubDate>Tue, 14 May 2013 00:55:17 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chang Yau HOON</author>


</item>




<item>
<title>Differential Impact of Directors’ Social and Financial Capital on Corporate Interlock Formation</title>
<link>http://ink.library.smu.edu.sg/soss_research/1225</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1225</guid>
<pubDate>Tue, 14 May 2013 00:55:14 PDT</pubDate>
<description>
	<![CDATA[
	<p>Exponential random graph models (ERGMs) are increasingly applied to observed network data and are central to understanding social structure and network processes. The chapters in this edited volume provide a self-contained, exhaustive account of the theoretical and methodological underpinnings of ERGMs, including models for univariate, multivariate, bipartite, longitudinal and social-influence type ERGMs. Each method is applied in individual case studies illustrating how social science theories may be examined empirically using ERGMs. The authors supply the reader with sufficient detail to specify ERGMs, fit them to data with any of the available software packages and interpret the results.</p>

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</description>

<author>Nicholas Michael HARRIGAN et al.</author>


</item>




<item>
<title>Mochtar Riady</title>
<link>http://ink.library.smu.edu.sg/soss_research/1226</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1226</guid>
<pubDate>Tue, 14 May 2013 00:55:14 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chang Yau HOON</author>


</item>




<item>
<title>Research methods</title>
<link>http://ink.library.smu.edu.sg/soss_research/1224</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1224</guid>
<pubDate>Tue, 14 May 2013 00:55:13 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>David CHAN</author>


</item>




<item>
<title>European Sanctions and Embargoes in Asia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1223</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1223</guid>
<pubDate>Tue, 14 May 2013 00:55:12 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Clara PORTELA SAIS et al.</author>


</item>




<item>
<title>Women under Attack: &apos;Victimization&apos; and Political Office in Southeast Asia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1222</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1222</guid>
<pubDate>Tue, 14 May 2013 00:55:11 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH</author>


</item>




<item>
<title>Development on Pause in Malaysia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1220</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1220</guid>
<pubDate>Tue, 14 May 2013 00:55:10 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH</author>


</item>




<item>
<title>The B.J. Habibie Period in Hindsight</title>
<link>http://ink.library.smu.edu.sg/soss_research/1221</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1221</guid>
<pubDate>Tue, 14 May 2013 00:55:10 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Malaysia&apos;s Quiet Political Institutional Revolution</title>
<link>http://ink.library.smu.edu.sg/soss_research/1219</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1219</guid>
<pubDate>Tue, 14 May 2013 00:55:09 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Enabling and Empowering Change</title>
<link>http://ink.library.smu.edu.sg/soss_research/1218</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1218</guid>
<pubDate>Tue, 14 May 2013 00:55:05 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Abdullah Badawi&apos;s Navigation of US Waters</title>
<link>http://ink.library.smu.edu.sg/soss_research/1217</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1217</guid>
<pubDate>Tue, 14 May 2013 00:55:03 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Transformations and the Abdullah Badawi Years</title>
<link>http://ink.library.smu.edu.sg/soss_research/1216</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1216</guid>
<pubDate>Tue, 14 May 2013 00:55:02 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Aquinas on Connaturality and Education</title>
<link>http://ink.library.smu.edu.sg/soss_research/1215</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1215</guid>
<pubDate>Tue, 14 May 2013 00:55:01 PDT</pubDate>
<description>
	<![CDATA[
	<p>A confluence of scholarly interest has resulted in a revival of Thomistic scholarship across the world. Several areas in the investigation of St. Thomas Aquinas, however, remain under-explored. This volume contributes to two of these neglected areas. First, the volume evaluates the contemporary relevance of St. Thomas's views for the philosophy and practice of education. The second area explored involves the intersections of the Angelic Doctor’s thought and the numerous cultures and intellectual traditions of the East. Contributors to this section examine the reception, creative appropriation, and various points of convergence between St. Thomas and the East.</p>

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</description>

<author>Thomas Brian MOONEY et al.</author>


</item>




<item>
<title>Introduction</title>
<link>http://ink.library.smu.edu.sg/soss_research/1214</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1214</guid>
<pubDate>Tue, 14 May 2013 00:54:59 PDT</pubDate>
<description>
	<![CDATA[
	<p>A confluence of scholarly interest has resulted in a revival of Thomistic scholarship across the world. Several areas in the investigation of St. Thomas Aquinas, however, remain under-explored. This volume contributes to two of these neglected areas. First, the volume evaluates the contemporary relevance of St. Thomas's views for the philosophy and practice of education. The second area explored involves the intersections of the Angelic Doctor’s thought and the numerous cultures and intellectual traditions of the East. Contributors to this section examine the reception, creative appropriation, and various points of convergence between St. Thomas and the East.</p>

	]]>
</description>

<author>Thomas Brian MOONEY et al.</author>


</item>




<item>
<title>Kovesi and Plato</title>
<link>http://ink.library.smu.edu.sg/soss_research/1213</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1213</guid>
<pubDate>Tue, 14 May 2013 00:54:58 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Thomas Brian MOONEY et al.</author>


</item>




<item>
<title>Introduction</title>
<link>http://ink.library.smu.edu.sg/soss_research/1212</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1212</guid>
<pubDate>Tue, 14 May 2013 00:54:57 PDT</pubDate>
<description>
	<![CDATA[
	<p>Studies in Moral Philosophy is a new book series affiliated with the Journal of Moral Philosophy. This new series will publish books in all areas of normative philosophy, including applied ethics and metaethics, as well as moral, legal, and political theory. Book proposals exploring non-Western traditions are also welcome. The series seeks to promote lively discussions and debates among the wider philosophical community by publishing work that avoids unnecessary jargon without sacrificing academic rigour.</p>

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</description>

<author>Thomas Brian MOONEY et al.</author>


</item>




<item>
<title>Know-that, Know-how and Know-why – Reflections on Contemporary Educational Practice and Theory</title>
<link>http://ink.library.smu.edu.sg/soss_research/1211</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1211</guid>
<pubDate>Tue, 14 May 2013 00:54:56 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Thomas Brian MOONEY</author>


</item>




<item>
<title>Culture and Social Cognition</title>
<link>http://ink.library.smu.edu.sg/soss_research/1210</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1210</guid>
<pubDate>Tue, 14 May 2013 00:54:52 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>C Chiu et al.</author>


</item>




<item>
<title>Global Companies and Global Society: The Evolving Social Contract</title>
<link>http://ink.library.smu.edu.sg/soss_research/1209</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1209</guid>
<pubDate>Tue, 14 May 2013 00:54:51 PDT</pubDate>
<description>
	<![CDATA[
	<p>Globalization, privatization, and changing ideas about the roles of business and government are transforming the social contract under which business is allowed to operate. Global companies are also policy-makers and public goods providers, governments seek profits through state-owned enterprises and sovereign wealth funds, and everyone is trying to figure out how to partner with everyone else. As a result of global economic and social integration, more and more of the business-society interaction has played out at a transnational rather than purely national level, involving transnational corporations, transnational civil society networks and organizations, and inter-governmental organizations. Experiments with codes of conduct, disclosure standards, new business models, and investment standards, along with numerous dialogues and partnerships, provide the basis for a rich and important research agenda.</p>

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</description>

<author>Ann Margaret FLORINI</author>


</item>




<item>
<title>The national context for transparency-based global environmental governance</title>
<link>http://ink.library.smu.edu.sg/soss_research/1208</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1208</guid>
<pubDate>Tue, 14 May 2013 00:54:49 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Ann Margaret FLORINI et al.</author>


</item>




<item>
<title>Gender and Health Status among Older Adults in Vietnam</title>
<link>http://ink.library.smu.edu.sg/soss_research/1207</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1207</guid>
<pubDate>Tue, 14 May 2013 00:54:48 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bussarawan TEERAWICHITCHAINAN</author>


</item>




<item>
<title>Culture Influences the Ingredients of a Good Life and Conceptualizations of Happiness</title>
<link>http://ink.library.smu.edu.sg/soss_research/1206</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1206</guid>
<pubDate>Tue, 14 May 2013 00:54:46 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Christie N. SCOLLON et al.</author>


</item>




<item>
<title>Socio-cognitive Correlates of Biculturalism</title>
<link>http://ink.library.smu.edu.sg/soss_research/1205</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1205</guid>
<pubDate>Tue, 14 May 2013 00:54:45 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chi-Ying CHENG et al.</author>


</item>




<item>
<title>Advances in Statistical Analytical Strategies for Causal Inferences in the Social and Behavioural Sciences</title>
<link>http://ink.library.smu.edu.sg/soss_research/1204</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1204</guid>
<pubDate>Tue, 14 May 2013 00:54:42 PDT</pubDate>
<description>
	<![CDATA[
	<p>Identifying and controlling causal relationships is the basis of the reductionist scientific method, and has enabled exploration, discovery and extrapolation beyond the immediately sensible parameters of space and time. Orderly societies, commerce and governance rise and fall on the ability to reliably anticipate and influence outcomes in massively complex contexts. Although much effort and finance has been invested in quantitative and statistical approaches to understanding the causality of socio-cultural system change, a scalable and functional understanding of the underlying causal dynamics that can inform real-world interventions remains elusive.</p>

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</description>

<author>David CHAN</author>


</item>




<item>
<title>Bodies for the Gods: Image Worship in Chinese Popular Religion</title>
<link>http://ink.library.smu.edu.sg/soss_research/1203</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1203</guid>
<pubDate>Tue, 14 May 2013 00:54:41 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Margaret CHAN</author>


</item>




<item>
<title>Identitas Tionghoa Pasca Suharto: Budaya, Politik dan Media [Chinese Identity in Post-Suharto Indonesia: Culture, Politics and Media]</title>
<link>http://ink.library.smu.edu.sg/soss_research/1202</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1202</guid>
<pubDate>Tue, 14 May 2013 00:54:38 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chang Yau HOON</author>


</item>




<item>
<title>Organizational Behaviour in Ethnic Chinese Business: An Asian Perspective</title>
<link>http://ink.library.smu.edu.sg/soss_research/1201</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1201</guid>
<pubDate>Tue, 14 May 2013 00:54:35 PDT</pubDate>
<description>
	<![CDATA[
	<p>This book serves as a textbook for courses on Asian studies with a focus on ethnic Chinese entrepreneurs and business management in Asia. It gives a comprehensive Asian perspective on the organizational peculiarities and changing business practices of ethnic Chinese businesses and their leaders who continue to form the backbone of Asia's dynamic economies. The book features selected chapters written by reputable scholars on Chinese business, covering diverse and yet closely related topics such as the role of ethnic identity, trust, guanxi, Chineseness, leadership, change management, learning and knowledge management in organizations owned and managed by ethnic Chinese.</p>

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</description>

<author>Thomas Menkhoff et al.</author>


</item>




<item>
<title>NAKED APE. NAKED BOSS</title>
<link>http://ink.library.smu.edu.sg/soss_research/1200</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1200</guid>
<pubDate>Tue, 14 May 2013 00:54:33 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Kirpal SINGH</author>


</item>




<item>
<title>THE BEST OF KIRPAL SINGH</title>
<link>http://ink.library.smu.edu.sg/soss_research/1199</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1199</guid>
<pubDate>Tue, 14 May 2013 00:54:32 PDT</pubDate>
<description>
	<![CDATA[
	<p>Kirpal Singh is a poet, literary and cultural critic. An internationally recognised scholar, he was the first Asian director for the Commonwealth Writers’ Prize and also the first Asian and non-American to be made a director on the American Creativity Association’s board. This collection, handpicked by Singh himself, features seminal works They Say and Creative Thinking as well as many others, and is essential reading for anyone interested in Singapore’s literary heritage. This book is part of the Singapore Pioneer Poets Series. A showcase of the best works by local literary giants, the Singapore Pioneer Poets Series is a must-have collection for all Singapore literature fans, old and new.</p>

	]]>
</description>

<author>Kirpal SINGH</author>


</item>




<item>
<title>Special Issue “The EU and the Non-Proliferation of Nuclear Weapons: Evaluating the Record”</title>
<link>http://ink.library.smu.edu.sg/soss_research/1198</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1198</guid>
<pubDate>Tue, 14 May 2013 00:54:31 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Clara PORTELA SAIS</author>


</item>




<item>
<title>Transformation: The Abdullah Badawi Years in Malaysia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1197</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1197</guid>
<pubDate>Tue, 14 May 2013 00:54:30 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Democracy Takeoff? The Habibie Period</title>
<link>http://ink.library.smu.edu.sg/soss_research/1196</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1196</guid>
<pubDate>Tue, 14 May 2013 00:54:26 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>Morality and Meaning: Essays on the Philosophy of Julius Kovesi</title>
<link>http://ink.library.smu.edu.sg/soss_research/1195</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1195</guid>
<pubDate>Tue, 14 May 2013 00:54:23 PDT</pubDate>
<description>
	<![CDATA[
	<p>The essays in this volume address the importance of Kovesi's work on moral philosophy and concept formation. The essays extend Kovesi's insights on moral philosophy into broader areas and compares and contrasts his work with that of key ancient and contemporary thinkers.</p>

	]]>
</description>

<author>Thomas Brian MOONEY et al.</author>


</item>




<item>
<title>Thinking Things Through: An Introduction to Analytical Skills Second Edition</title>
<link>http://ink.library.smu.edu.sg/soss_research/1194</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1194</guid>
<pubDate>Tue, 14 May 2013 00:54:22 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Farber Ilya et al.</author>


</item>




<item>
<title>Aquinas, Education and the East</title>
<link>http://ink.library.smu.edu.sg/soss_research/1193</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1193</guid>
<pubDate>Tue, 14 May 2013 00:54:18 PDT</pubDate>
<description>
	<![CDATA[
	<p>A confluence of scholarly interest has resulted in a revival of Thomistic scholarship across the world. Several areas in the investigation of St. Thomas Aquinas, however, remain under-explored. This volume contributes to two of these neglected areas. First, the volume evaluates the contemporary relevance of St. Thomas's views for the philosophy and practice of education. The second area explored involves the intersections of the Angelic Doctor’s thought and the numerous cultures and intellectual traditions of the East. Contributors to this section examine the reception, creative appropriation, and various points of convergence between St. Thomas and the East.</p>

	]]>
</description>

<author>Thomas Brian MOONEY et al.</author>


</item>




<item>
<title>China Experiments: From Local Innovation to National Reform</title>
<link>http://ink.library.smu.edu.sg/soss_research/1192</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1192</guid>
<pubDate>Tue, 14 May 2013 00:54:16 PDT</pubDate>
<description>
	<![CDATA[
	<p>All societies face a key question: how to empower governments to perform essential governmental functions while constraining the arbitrary exercise of power. This balance, always in flux, is particularly fluid in today's China. This insightful book examines the changing relationship between that state and its society, as demonstrated by numerous experiments in governance at subnational levels, and explores the implications for China's future political trajectory. Ann Florini, Hairong Lai, and Yeling Tan set their analysis at the level of townships and counties, investigating the striking diversity of China's exploration into different governance tools and comparing these experiments with developments and debates elsewhere in the world. China Experiments draws on multiple cases of innovation to show how local authorities are breaking down traditional models of governance in responding to the challenges posed by the rapid transformations taking place across China's economy and society. The book thus differs from others on China that focus on dynamics taking place at the elite level in Beijing, and is unique in its broad but detailed, empirically grounded analysis.</p>

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</description>

<author>Ann Margaret FLORINI et al.</author>


</item>




<item>
<title>Daily experiences and well-being: Do memories of events matter?</title>
<link>http://ink.library.smu.edu.sg/soss_research/1191</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1191</guid>
<pubDate>Tue, 14 May 2013 00:54:15 PDT</pubDate>
<description>
	<![CDATA[
	<p>Retrospective subjective well-being (SWB) refers to self-reported satisfaction and emotional experience over the past few weeks or months. Two studies investigated the mechanisms linking daily experiences to retrospective SWB. Participants reported events each day for 21 days (Study 1) or twice a week for two months (Study 2). The emotional intensity of each event was rated: (1) when it had recently occurred (proximal intensity); and (2) at the end of the event-reporting period (distal intensity). Both sets of ratings were then aggregated across events and used to predict retrospective SWB at the end of the study. Path analyses showed that proximal intensity predicted retrospective SWB whereas distal intensity did not. The effect remained even after controlling for trait happiness and neuroticism. These results suggest that daily experiences influence retrospective SWB primarily through abstract representations of the past few weeks or months (as measured by aggregated proximal intensity ratings) rather than the explicit recollection of individual events during the same period (as measured by aggregated distal intensity ratings). Retrospective SWB, in turn, mediated the effect of daily experiences on global SWB (i.e., self-reported satisfaction and emotional experiences in general).</p>

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</description>

<author>William TOV</author>


</item>




<item>
<title>Singapore Food Seriously on My Mind</title>
<link>http://ink.library.smu.edu.sg/soss_research/1190</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1190</guid>
<pubDate>Tue, 14 May 2013 00:54:11 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Margaret CHAN</author>


</item>




<item>
<title>Nini Towong: The Chinese connection</title>
<link>http://ink.library.smu.edu.sg/soss_research/1189</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1189</guid>
<pubDate>Tue, 14 May 2013 00:54:09 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Margaret CHAN</author>


</item>




<item>
<title>Moore’s Paradox and the Priority of Belief Thesis</title>
<link>http://ink.library.smu.edu.sg/soss_research/1188</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1188</guid>
<pubDate>Tue, 14 May 2013 00:54:07 PDT</pubDate>
<description>
	<![CDATA[
	<p>Moore’s paradox is the fact that assertions or beliefs such as Bangkok is the capital of Thailand but I do not believe that Bangkok is the capital of Thailand or Bangkok is the capital of Thailand but I believe that Bangkok is not the capital of Thailand are ‘absurd’ yet possibly true. The current orthodoxy is that an explanation of the absurdity should first start with belief, on the assumption that once the absurdity in belief has been explained then this will translate into an explanation of the absurdity in assertion. This assumption gives explanatory priority to belief over assertion. I show that the translation involved is much trickier than might at first appear. It is simplistic to think that Moorean absurdity in assertion is always a subsidiary product of the absurdity in belief, even when the absurdity is conceived as irrationality. Instead we should aim for explanations of Moorean absurdity in assertion and in belief that are independent even if related, while bearing in mind that some forms of irrationality may be forms of absurdity even if not conversely.</p>

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</description>

<author>John WILLIAMS</author>


</item>




<item>
<title>Generalization and Induction: Misconceptions, Clarifications and a Classification of Induction</title>
<link>http://ink.library.smu.edu.sg/soss_research/1187</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1187</guid>
<pubDate>Tue, 14 May 2013 00:54:04 PDT</pubDate>
<description>
	<![CDATA[
	<p>In “Generalizing Generalizability in Information Systems Research,” Lee and Baskerville (2003) try to clarify generalization and classify it into four types. Unfortunately, their account is problematic. We propose repairs. Central among these is our balance-of-evidence argument that we should adopt the view that Hume’s problem of induction has a solution, even if we do not know what it is. We build upon this by proposing an alternative classification of induction. There are five types of generalization: (1) theoretical, (2) within-population, (3) cross-population, (4) contextual, and (5) temporal, with theoretical generalization being across the empirical and theoretical levels and the rest within the empirical level. Our classification also includes two kinds of inductive reasoning that do not belong to the domain of generalization. We then discuss the implications of our classification for information systems research.</p>

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</description>

<author>Eric W. K. Tsang et al.</author>


</item>




<item>
<title>The Strength of Sibling Ties: Sibling Influence on Status Attainment in a Chinese Family</title>
<link>http://ink.library.smu.edu.sg/soss_research/1186</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1186</guid>
<pubDate>Tue, 14 May 2013 00:54:02 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Qian (Forrest) ZHANG</author>


</item>




<item>
<title>Comparing Local Models of Agrarian Transition in China</title>
<link>http://ink.library.smu.edu.sg/soss_research/1185</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1185</guid>
<pubDate>Tue, 14 May 2013 00:53:58 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Qian (Forrest) ZHANG</author>


</item>




<item>
<title>The social-entrepreneurial state and the equitable provision of urban essential goods: A conceptual innovation</title>
<link>http://ink.library.smu.edu.sg/soss_research/1184</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1184</guid>
<pubDate>Tue, 14 May 2013 00:53:57 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Qian (Forrest) ZHANG</author>


</item>




<item>
<title>Advances in statistical analytical strategies for causal inferences in the social and behavioural sciences</title>
<link>http://ink.library.smu.edu.sg/soss_research/1183</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1183</guid>
<pubDate>Tue, 14 May 2013 00:53:57 PDT</pubDate>
<description>
	<![CDATA[
	<p>This article shows how recent advances in statistical analytical strategies could be applied to correlational or observational data collected from non-experimental designs in order to provide convergent validity for causal inferences regarding "change" in two broad contexts. The first context refers to modeling causal relationships between constructs, specifically on relationships that go beyond the "bivariate prediction paradigm". In this context, mediation analyses, interaction analyses, combination of interactions and mediations, and structural equation modeling were discussed. The second context refers to modeling the causes of changes over time. In this context, fundamental questions on changes over time were explicated, limitations of traditional techniques for analyzing changes over time were illustrated, and latent variable approaches to modeling changes over time were discussed.</p>

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</description>

<author>David CHAN</author>


</item>




<item>
<title>Many Asias but One Singapore</title>
<link>http://ink.library.smu.edu.sg/soss_research/1182</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1182</guid>
<pubDate>Tue, 14 May 2013 00:53:55 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Kirpal SINGH</author>


</item>




<item>
<title>The Poetry Of Krip Yuson: An Interview with Critique</title>
<link>http://ink.library.smu.edu.sg/soss_research/1181</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1181</guid>
<pubDate>Tue, 14 May 2013 00:53:53 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Kirpal SINGH</author>


</item>




<item>
<title>Poem in COMMENTARY</title>
<link>http://ink.library.smu.edu.sg/soss_research/1180</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1180</guid>
<pubDate>Tue, 14 May 2013 00:53:52 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Kirpal SINGH</author>


</item>




<item>
<title>Poem in DI-VERSE-TY</title>
<link>http://ink.library.smu.edu.sg/soss_research/1179</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1179</guid>
<pubDate>Tue, 14 May 2013 00:53:51 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Kirpal SINGH</author>


</item>




<item>
<title>Playing hard-to-get: Manipulating one&apos;s perceived availability as a mate</title>
<link>http://ink.library.smu.edu.sg/soss_research/1178</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1178</guid>
<pubDate>Tue, 14 May 2013 00:53:49 PDT</pubDate>
<description>
	<![CDATA[
	<p>‘Playing hard-to-get’ is a mating tactic in which people give the impression that they are ostensibly uninterested to get others to desire them more. This topic has received little attention because of theoretical and methodological limitations of prior work. We present four studies drawn from four different American universities that examined playing hard-to-get as part of a supply-side economics model of dating. In Studies 1a (N = 100) and 1b (N = 491), we identified the tactics that characterize playing hard-to-get and how often men and women enact them. In Study 2 (N = 290), we assessed reasons why men and women play hard-to-get along with the personality traits associated with these reasons. In Studies 3 (N = 270) and 4 (N = 425), we manipulated the rate per week prospective mates went out with people they had just met and assessed participants' willingness to engage in casual sex and serious romantic relationships with prospective mates (Study 3) and the money and time they were willing to invest in prospective mates (Study 4). We frame our results using a sexual economics model to understand the role of perceived availability in mating dynamics.</p>

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</description>

<author>P. K. Jonason et al.</author>


</item>




<item>
<title>The EU Sanctions against Syria: Conflict Management by other Means?</title>
<link>http://ink.library.smu.edu.sg/soss_research/1177</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1177</guid>
<pubDate>Tue, 14 May 2013 00:53:46 PDT</pubDate>
<description>
	<![CDATA[
	<p>Since May 2011, the EU has crafted one of its most far reaching and sophisticated sanctions operations in support of the anti-regime protests against the current regime in Syria. This article examines the measures wielded by the EU, its expected impact and its implications for the EU's relations with its global partners. While seriously undermined by the lack of support of Russia, the sanctions are having a noticeable economic impact. Yet, the choice of measures is ill-suited to stop the bloodshed. The sanctions have also served to (re)define partnerships with other powers, both in the Middle-East and globally.</p>

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</description>

<author>Clara PORTELA SAIS</author>


</item>




<item>
<title>Myanmar: The Beginning of Reform and the End of Sanctions</title>
<link>http://ink.library.smu.edu.sg/soss_research/1176</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1176</guid>
<pubDate>Tue, 14 May 2013 00:53:42 PDT</pubDate>
<description>
	<![CDATA[
	<p>Since March 2011, Burma/Myanmar has witnessed a liberalization of the press, the release of political prisoners and the initiation of a political dialogue between the regime on the one hand and the opposition and ethnic groups on the other. The reforms culminated in by-elections on 1 April 2012, which in turn resulted in a landslide victory for Aung San Suu Kyi’s National League for Democracy (NLD). Overall, political reforms in Burma/Myanmar are being initiated from “above.” They are elite-driven and stem from the president and progressive members of the military-dominated party, the Union Solidarity and Development Party (USDP).</p>

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</description>

<author>Clara PORTELA SAIS et al.</author>


</item>




<item>
<title>Satisfaction Pursuing Approach and Avoidance Goals: Effects of Regulatory Fit and Individual Temperaments</title>
<link>http://ink.library.smu.edu.sg/soss_research/1175</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1175</guid>
<pubDate>Tue, 14 May 2013 00:53:41 PDT</pubDate>
<description>
	<![CDATA[
	<p>Going beyond previous studies on satisfaction in pursuing approach versus avoidance goals, the current study is the first to examine individual satisfaction in pursuing approach and avoidance goals as determined by regulatory fit between type of goal and type of strategy. Specifically, the present study shows that people with approach goals have greater satisfaction when they use an approach strategy rather than an avoidance strategy. People with avoidance goals have greater satisfaction when they use an avoidance strategy rather than an approach strategy. In addition, we explored how individual differences in the Behavioral Activation System and the Behavioral Inhibition System influenced reactions to approach and avoidance goals and strategies.</p>

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</description>

<author>Guihyun Grace PARK et al.</author>


</item>




<item>
<title>Advancing Our Understanding of Team Motivation – Integrating Conceptual Approaches and Content Areas</title>
<link>http://ink.library.smu.edu.sg/soss_research/1174</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1174</guid>
<pubDate>Tue, 14 May 2013 00:53:37 PDT</pubDate>
<description>
	<![CDATA[
	<p>Although research on team motivation has been one of the fastest growing research domains in organizational science, progress in this domain has been hampered by a lack of integrative reviews. Thus, we develop a theoretical framework in this article to summarize and discuss different conceptual approaches to team motivation for the following six content areas: team design, team needs, team goals, team self-regulation, team efficacy, and team affect. Our framework organizes previous research according to two dimensions. First, we assess the degree of interdependence between team members’ motivational states, differentiating between models that conceptualize team motivation as functionally equivalent to individual level motivation and models that conceptualize team motivation as a truly collective phenomenon. Second, we assess the extent to which research conceptualizes team motivation as a dynamic phenomenon that evolves over time, with static models of team motivation and dynamic models of team motivation demarcating the opposite ends of this continuum. With this framework, we show that previous research on team motivation has overemphasized conceptual similarities between motivation constructs at the individual and team levels of analysis. We address this shortcoming by developing a theory of interdependent regulatory dynamics. This theory emphasizes the interdependent and dynamic nature of team motivation. It depicts the processes in which team members decide how to allocate their efforts and resources between individual goals and team goals, and it identifies the multiple pathways through which teams coordinate and regulate their collective efforts over time.</p>

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</description>

<author>Guihyun Grace PARK et al.</author>


</item>




<item>
<title>Revisiting the multicultural experience-creativity link: The effects of cultural distance and comparison mindset</title>
<link>http://ink.library.smu.edu.sg/soss_research/1173</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1173</guid>
<pubDate>Tue, 14 May 2013 00:53:34 PDT</pubDate>
<description>
	<![CDATA[
	<p>A growing literature provides evidence for the multicultural experience–creativity link such that exposure to the juxtaposition of two cultures facilitates individual creativity.  The underlying mechanisms for this relationship, however, are still far from being well explored.  Drawing upon the novel perspective of motivated cognition, we hypothesize that two factors interact to affect creative outcomes: (a) perceived cultural distance between the two juxtaposed cultures, and (b) comparison mind-sets.  Specifically, we argue that individuals’ creative performance will be increased only when a difference mind-set is employed to process the cultural stimuli that are sufficiently different from each other.  In two studies, individuals exposed to dual cultural primes with higher levels of perceived cultural distance consistently performed more adeptly in creative insight tasks when they personally predisposed to or experimentally manipulated to adopt a difference (vs. similarity) mind-set.  Theoretical and practical implications are discussed.</p>

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</description>

<author>Chi-Ying CHENG et al.</author>


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<item>
<title>Putting their best foot forward: Emotional disclosure on Facebook</title>
<link>http://ink.library.smu.edu.sg/soss_research/1172</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1172</guid>
<pubDate>Tue, 14 May 2013 00:53:32 PDT</pubDate>
<description>
	<![CDATA[
	<p>Facebook has become a widely used online self-representation and communication platform. In this research, we focus on emotional disclosure on Facebook. We conducted two studies, and results from both self-report and observer rating show that individuals are more likely to express positive relative to negative emotions and present better emotional well-being on Facebook than in real life. Our study is the first to demonstrate impression management on Facebook through emotional disclosure. We discuss important theoretical and practical implications of our study.</p>

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</description>

<author>L. Qiu et al.</author>


</item>




<item>
<title>The better-than-average effect in Hong Kong and the United States: The role of personal trait importance and cultural trait importance</title>
<link>http://ink.library.smu.edu.sg/soss_research/1171</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1171</guid>
<pubDate>Tue, 14 May 2013 00:53:31 PDT</pubDate>
<description>
	<![CDATA[
	<p>People tend to make self-aggrandizing social comparisons on traits that are important to the self. However, existing research on the better-than-average effect (BTAE) and trait importance does not distinguish between personal trait importance (participants’ ratings of the importance of certain traits to themselves) and cultural trait importance (participants’ perceptions of the importance of the traits to the cultural group to which they belong). We demonstrated the utility of this distinction by examining the joint effects of personal importance and cultural importance on the BTAE among Hong Kong Chinese and American participants. Results showed that the BTAE was more pronounced for personally important traits among both Chinese and American participants. More important, the magnitude of the BTAE was smaller on culturally important traits among Chinese participants only. Chinese participants displayed the strongest BTAE on personally important and culturally unimportant traits, and the smallest BTAE on personally unimportant and culturally important ones. American participants showed the smallest BTAE on personally and culturally unimportant traits. These findings underscore the importance of distinguishing personal trait importance and cultural trait importance in understanding the cultural effects on self-aggrandizing social comparisons. They further suggest that in cultures where people are expected to be modest in self-expression (e.g., Chinese culture), people would avoid claiming superiority on highly culturally important traits even when these traits are important to the self.</p>

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</description>

<author>K-p. Tam et al.</author>


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<item>
<title>Not Just Economy: Understanding Sources of Regime Support in Southeast Asia</title>
<link>http://ink.library.smu.edu.sg/soss_research/1170</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1170</guid>
<pubDate>Tue, 14 May 2013 00:53:30 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Bridget Beatrice WELSH et al.</author>


</item>




<item>
<title>China&apos;s Agrarian Reform and the Privatization of Land: a contrarian view
</title>
<link>http://ink.library.smu.edu.sg/soss_research/1169</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1169</guid>
<pubDate>Tue, 14 May 2013 00:53:27 PDT</pubDate>
<description>
	<![CDATA[
	<p>Many reporters and scholars outside China advocate the privatization of land ownership in China as a necessary step for the transformation of China's agriculture system into a modern, large-scale, market-oriented and technology-intensive one. Chinese scholars advocating land privatization, for their part, typically argue that land privatization would better protect farmers’ rights and interests. We present a contrarian view to these calls for land privatization. Under China's current system of collective land ownership and individualized land use rights, agriculture has modernized rapidly in China in a way that has avoided privatization's many downsides. Land privatization, by contrast, would only exacerbate class inequality and social tension in rural China and further weaken farmers’ positions in dealing with more powerful actors. Through analyzing six dimensions of this issue—increasing investment in land and agricultural productivity, promoting scaled-up modern agriculture, protecting farmers’ land rights and preventing land grabs, enhancing rural livelihoods, and facilitating rural migrants’ integration into cities—we maintain that strengthening the current system is superior to privatizing rural land.</p>

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</description>

<author>Qian (Forrest) ZHANG et al.</author>


</item>




<item>
<title>The Long-term Impact of War on Health in Northern Vietnam: Some Glimpses from a Recent Survey</title>
<link>http://ink.library.smu.edu.sg/soss_research/1168</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1168</guid>
<pubDate>Tue, 14 May 2013 00:53:24 PDT</pubDate>
<description>
	<![CDATA[
	<p>War is deemed a major threat to public health; yet, the long-term effects of war on individual health have rarely been examined in the context of developing countries. Based on data collected as a pilot follow-up to the Vietnam Longitudinal Survey, this study examines current health profiles of northern Vietnamese war survivors who entered early adulthood during the Vietnam War and now represent Vietnam's older adult population. To ascertain how war and military service in the early life course may have had long-term impacts on health status of Vietnam's current older adults, we compare multi-dimensional measures of health among veterans and nonveterans, and within these groups, regardless of their military service, between combatants and noncombatants. Multivariate results suggest that despite prolonged exposure to war, veterans and those who served in combat roles are not significantly different from their civilian and noncombatant counterparts on most health outcomes later in life. This is in contrast to American veterans who fought on the opposing side of the war. The near absence of differences in older adult health among northern Vietnamese with varying degrees of war involvement might be explained by the encompassing extent of war; the notion that time heals; and the hardiness and resilience against ill health that are by-products of shared struggle in war and a victorious outcome.</p>

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</description>

<author>Bussarawan TEERAWICHITCHAINAN et al.</author>


</item>




<item>
<title>South Africa’s first five years on the United Nations Human Rights Council</title>
<link>http://ink.library.smu.edu.sg/soss_research/1167</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1167</guid>
<pubDate>Tue, 14 May 2013 00:53:23 PDT</pubDate>
<description>
	<![CDATA[
	<p>In June 2011, the United Nations Human Rights Council (HRC) adopted its first resolution on sexual orientation and human rights. Resolution 17/19 expressed grave concern at violence and discrimination committed against people because of their sexual orientation and tasked the UN High Commissioner for Human Rights to report on such abuses. In a body marred by regional bloc voting, Resolution 17/19 passed with support from states in all five of the official regions of the UN. South Africa was widely praised for leading such a progressive resolution through the Council, especially in the face of considerable pressure from African and Islamic states.</p>

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</description>

<author>Eduard Christiaan JORDAAN</author>


</item>




<item>
<title>South Africa and the United Nations Human Rights Council</title>
<link>http://ink.library.smu.edu.sg/soss_research/1166</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1166</guid>
<pubDate>Tue, 14 May 2013 00:53:20 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Eduard Christiaan JORDAAN</author>


</item>




<item>
<title>Idea, State Restructuring, and Politics of Decentralization in Japan and Korea: A Comparative Analysis</title>
<link>http://ink.library.smu.edu.sg/soss_research/1165</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1165</guid>
<pubDate>Tue, 14 May 2013 00:53:19 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yooil BAE</author>


</item>




<item>
<title>Decentralized Urban Governance and Environmental Collaboration in South Korea: The Case of Hyundai City, Ulsan</title>
<link>http://ink.library.smu.edu.sg/soss_research/1164</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1164</guid>
<pubDate>Tue, 14 May 2013 00:53:18 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yooil BAE</author>


</item>




<item>
<title>The Peculiar Politics of Energy</title>
<link>http://ink.library.smu.edu.sg/soss_research/1163</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1163</guid>
<pubDate>Tue, 14 May 2013 00:53:16 PDT</pubDate>
<description>
	<![CDATA[
	<p>Imagine that you could wave a magic wand and provide everyone in the world with easy access to clean and affordable energy. In one stroke you would make the world a far cleaner, richer, fairer, and safer place. Suddenly, a billion and a half of the world's poorest people could discover what it is like to turn on an electric light in the evening. The looming threat posed by climate change would largely disappear. From the South China Sea to the Middle East to the Arctic, geopolitical tensions over energy resources would fade away. Human health would benefit, too, as vaccines and perishable foods could be refrigerated the world over. And many of the world's most corrupt government officials could no longer enrich themselves by bleeding their countries dry of revenues from fossil fuel sales.</p>

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</description>

<author>Ann Margaret FLORINI</author>


</item>




<item>
<title>Examining the Complications of Global Energy Governance</title>
<link>http://ink.library.smu.edu.sg/soss_research/1162</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1162</guid>
<pubDate>Tue, 14 May 2013 00:53:15 PDT</pubDate>
<description>
	<![CDATA[
	<p>This article systematically examines fundamental obstacles to effective and efficient global energy governance. The first part of the article defines and conceptualises governance, global governance and global energy governance. It also explores the existing global energy governance architecture, depicting six types of global energy governor – intergovernmental organisations, summit processes, international non-governmental organisations, multilateral financial institutions, regional organisations that involve two or more countries as members and hybrid entities – and a sample of 42 such institutions and organisations currently operating around the world. The second part of the article corrects some emerging misconceptions about global energy governance: that effective forms of governance are likely to occur because they have net benefits; that Western forms of energy governance can be transplanted to the rest of the world; and that regional energy governance is in some ways preferable to global energy governance. The article concludes that more nuanced and careful assessment will be needed, and misconceptions abandoned, if we are truly to respond to the governance issues induced by deteriorating energy security and growing emissions of greenhouse gases.</p>

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</description>

<author>Ann Margaret FLORINI et al.</author>


</item>




<item>
<title>Global Health Governance: Analyzing China, India, and Japan as Global Health Aid Donors</title>
<link>http://ink.library.smu.edu.sg/soss_research/1161</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1161</guid>
<pubDate>Tue, 14 May 2013 00:53:12 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Ann Margaret FLORINI et al.</author>


</item>




<item>
<title>Culture differentiates development of executive attention in Korean and U.S. children.</title>
<link>http://ink.library.smu.edu.sg/soss_research/1160</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1160</guid>
<pubDate>Tue, 14 May 2013 00:53:11 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>S. Yang et al.</author>


</item>




<item>
<title>Positive affect facilitates task switching in the Dimension Change Card Sort Task: Implications for the shifting aspect of executive</title>
<link>http://ink.library.smu.edu.sg/soss_research/1159</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1159</guid>
<pubDate>Tue, 14 May 2013 00:53:10 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Hwajin YANG et al.</author>


</item>




<item>
<title>The relationship between phonological awareness and executive attention among Chinese-English bilingual children.</title>
<link>http://ink.library.smu.edu.sg/soss_research/1158</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1158</guid>
<pubDate>Tue, 14 May 2013 00:53:09 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Hwajin YANG et al.</author>


</item>




<item>
<title>Her voice lingers on and her memory is strategic: Effects of gender and emotional prosody on directed forgetting.</title>
<link>http://ink.library.smu.edu.sg/soss_research/1157</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1157</guid>
<pubDate>Tue, 14 May 2013 00:53:07 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Hwajin YANG et al.</author>


</item>




<item>
<title>Effects of Emotional Prosody on Directed Forgetting</title>
<link>http://ink.library.smu.edu.sg/soss_research/1156</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1156</guid>
<pubDate>Tue, 14 May 2013 00:53:00 PDT</pubDate>
<description>
	<![CDATA[
	<p>To investigate how angry prosody influencesforgetting, neutral words spoken either in neutral or angryprosody were presented using the listwise directed forgettingparadigm, and their memory was assessed using a recognitiontest. When the study items were spoken angrily, we founddisrupted forgetting (i.e., no costs), but enhanced remembering(i.e., benefits). When the study items were spoken neutrally,however, neither forgetting nor benefits was observed. Furtheranalyses showed that directed forgetting did not influence theresponse bias. Taken together, these findings suggest thatemotional prosody undermines forgetting but facilitatesremembering.</p>

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</description>

<author>Hwajin YANG et al.</author>


</item>




<item>
<title>Cultural construction of success and epistemic motives moderate American-Chinese differences in reward allocation biases</title>
<link>http://ink.library.smu.edu.sg/soss_research/1155</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1155</guid>
<pubDate>Tue, 14 May 2013 00:52:58 PDT</pubDate>
<description>
	<![CDATA[
	<p>When the relative contribution of the self and the group to a group success is unclear, Americans tend to exhibit a self-serving bias (rewarding the self more than what the self deserves), whereas the Chinese tend to exhibit an other-serving bias (rewarding the group more than the group deserves). In a study comparing the reward allocation biases of Americans and Chinese in different group outcome conditions, the authors showed that the abovementioned cultural difference is found (a) only for culturally congruent success experience (attaining approach goals for Americans and avoidance goals for Chinese) and (b) among individuals who are motivated by the need for cognitive closure to exhibit culturally typical responses. This finding has important implications for understanding the dynamic nature of cultural influences on social behaviors.</p>

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</description>

<author>Ka Yee Angela LEUNG et al.</author>


</item>




<item>
<title>Beyond Minority Report: Pre-Crime, Pre-punishment and Pre-desert</title>
<link>http://ink.library.smu.edu.sg/soss_research/1154</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1154</guid>
<pubDate>Tue, 14 May 2013 00:52:57 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>John WILLIAMS</author>


</item>




<item>
<title>Warrior Gods Incarnate: Tang-ki Chinese Spirit Mediums</title>
<link>http://ink.library.smu.edu.sg/soss_research/1153</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research/1153</guid>
<pubDate>Tue, 14 May 2013 00:52:56 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Margaret CHAN</author>


</item>




<item>
<title>Board Reputation and Financial Reporting Quality</title>
<link>http://ink.library.smu.edu.sg/soa_research/1060</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1060</guid>
<pubDate>Tue, 14 May 2013 00:48:22 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study uses a new measure of board reputation that is based on the market value of other companies on which board members serve, and examines whether board reputation has a causal effect on monitoring as reflected in financial statement reporting quality. A negative causal effect is expected if reputable directors are ineffective monitors because they are too busy or they choose to cater to management, whereas a positive causal effect is expected if reputable directors are more experienced and subject to significant reputation penalties in the case of a financial reporting failure. An alternative explanation is that reputation does not affect financial reporting quality, but rather is a characteristic of the market for directorship, where the equilibrium relation between reputation and financial reporting quality is determined by the demand for and supply of reputable directors. Our results suggest that financial reporting quality is not an important determinant of the market for directorship. Rather, we document that reputation has a positive causal effect on monitoring and results in higher quality financial reporting.</p>

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</description>

<author>Dan SEGAL</author>


</item>




<item>
<title>Is the decline in the information content of earnings following restatements temporary?</title>
<link>http://ink.library.smu.edu.sg/soa_research/1059</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1059</guid>
<pubDate>Tue, 14 May 2013 00:48:21 PDT</pubDate>
<description>
	<![CDATA[
	<p>Prior research finds that the decline in the information content of earnings after restatement announcements is temporary and that earnings response coefficient (ERC), the proxy for the information content of earnings, bounces back after three quarters. We find that this temporary decline documented in prior research is driven by two design choices: (1) the inclusion of both accounting irregularities and other restatements, and (2) the restriction of data availability for the two quarters immediately surrounding restatement announcements, which reduces the sample size by about half. After separately investigating accounting irregularities and other restatements and relaxing the data restriction, we find that accounting irregularity firms experience a significant decrease in ERC over a much longer period – close to three years after restatement announcements. In contrast, other restatement firms experience a decline in ERC only for one quarter after restatement announcements.</p>

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</description>

<author>Qiang CHENG</author>


</item>




<item>
<title>Measuring Reporting Conservatism using the Dichev-Tang (2008) Model</title>
<link>http://ink.library.smu.edu.sg/soa_research/1058</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1058</guid>
<pubDate>Tue, 14 May 2013 00:48:17 PDT</pubDate>
<description>
	<![CDATA[
	<p>This paper provides a critical evaluation of an alternative measure of reporting conservatism introduced by Dichev and Tang (2008). Although there is substantial interest in research on accounting conservatism, there is no consensus among researchers on the most appropriate measure of conservatism in empirical studies. Dichev and Tang (2008) introduce a new measure of conservatism, which they believe to be a 'natural and practical measure of conservatism (p. 1441).' However, the econometric properties of this measure have not been fully evaluated, and previous studies have not provided evidence of this measure’s construct validity. Based on a parsimonious model of conservatism, I find that the Dichev and Tang (2008) measure is increasing in the conservatism parameter. However, although this measure produces well-specified test statistics that generate Type 1 errors according to researchers’ specifications, it generates tests of low power that lead to relatively high Type 2 errors. Next, I use actual data to provide evidence consistent with the construct validity of this measure. Finally, I suggest an alternative measure by using the reverse regression specification of the Dichev and Tang (2008) model. Results from simulations suggest that this alternative measure is feasible and is slightly superior to the Dichev and Tang (2008) measure in terms of test power.</p>

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</description>

<author>Kiat Bee Jimmy LEE</author>


</item>




<item>
<title>Does Foreign Company&apos;s Shortcut to Wall Street Cut Short their Financial Reporting Quality? Evidence from Chinese Reverse Mergers</title>
<link>http://ink.library.smu.edu.sg/soa_research/1057</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1057</guid>
<pubDate>Tue, 14 May 2013 00:48:15 PDT</pubDate>
<description>
	<![CDATA[
	<p>We find that Chinese reverse merger (RM) firms exhibit lower financial reporting quality than U.S. RM firms, which in turn have poorer financial reporting quality than U.S. regular firms. These results indicate that the use of RM process is associated with poor financial reporting quality and the weak legal enforcement on Chinese RM firms exacerbates the problem. Moreover, the financial reporting quality of Chinese RM firms is inferior to that of other Chinese firms listed in the U.S. Compared with other Chinese firms listed in the U.S., Chinese RM firms exhibit lower bonding incentives and poorer corporate governance. Overall, the results indicate that the RM process provides foreign firms that exhibit low bonding incentives and poor governance with a “shortcut” to Wall Street, leading to poor financial reporting quality.</p>

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</description>

<author>Kun-chih CHEN</author>


</item>




<item>
<title>Fair Value Disclosures Beyond SFAS 157’s Three-level Estimates</title>
<link>http://ink.library.smu.edu.sg/soa_research/1056</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1056</guid>
<pubDate>Tue, 14 May 2013 00:48:14 PDT</pubDate>
<description>
	<![CDATA[
	<p>Our study examines the factors that influence the fair value disclosures in the SFAS 157 footnote, and how these disclosures affect investors’ uncertainty regarding these fair value estimates, particularly Level 3 estimates. We find that more Level 3 items, more transfers from Level 1 and Level 2 items to Level 3 items, higher gains from Level 3 items, and the early adoption of SFAS 157 are associated with more fair value disclosures. We also find that the following are associated with more fair value disclosures: banks, more analyst coverage, greater auditor independence, and firms with more business segments. Next, we show that managerial discretion to provide more fair value disclosures reduces the uncertainty associated with Level 3 assets. This effect is stronger when there is a less sophisticated investor base and when there are more concurrent 10-K filers. Overall, our results suggest that fair value disclosures that firms provide beyond SFAS 157’s three-level estimates help investors interpret fair value estimates more precisely.</p>

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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>Does foreign firms&apos; shortcut to Wall Street Cut short their financial reporting quality? Evidence from Chinese reverse mergers</title>
<link>http://ink.library.smu.edu.sg/soa_research/1055</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1055</guid>
<pubDate>Tue, 14 May 2013 00:48:12 PDT</pubDate>
<description>
	<![CDATA[
	<p>We find that Chinese reverse merger (RM) firms exhibit lower financial reporting quality than U.S. RM firms, which in turn have poorer financial reporting quality than U.S. regular firms. These results indicate that the use of RM process is associated with poor financial reporting quality and the weak legal enforcement on Chinese RM firms exacerbates the problem. Moreover, the financial reporting quality of Chinese RM firms is inferior to that of other Chinese firms listed in the U.S. Compared with other Chinese firms listed in the U.S., Chinese RM firms exhibit lower bonding incentives and poorer corporate governance. Overall, the results indicate that the RM process provides foreign firms that exhibit low bonding incentives and poor governance with a “shortcut” to Wall Street, leading to poor financial reporting quality.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>The Opportunistic Reporting of Material Events and the Apparent Misconception of Investors&apos; Reaction</title>
<link>http://ink.library.smu.edu.sg/soa_research/1054</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1054</guid>
<pubDate>Tue, 14 May 2013 00:48:09 PDT</pubDate>
<description>
	<![CDATA[
	<p>Using a comprehensive sample of non-earnings 8-K filings from 1996 to 2011, we examine whether firms engage in opportunistic reporting of mandatory and voluntary news. We find strong evidence of opportunistic reporting of negative news, especially among public firms. Public firms are more likely to delay disclosure of negative news, report negative news after trading hours, and report on the last day of the week. We also find evidence of opportunistic bundling of news. Our findings support the notion that managers engage in strategic disclosure by delaying or obfuscating negative news in order to mitigate the potential market reaction. Factors such as the risk of litigation, information asymmetry, and corporate governance influence reporting behavior. Further analysis of the market reaction to opportunistic disclosure uncovers no evidence of investor inattention or under-reaction.</p>

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</description>

<author>Dan SEGAL et al.</author>


</item>




<item>
<title>R&amp;D Reporting Rule and Firm Efficiency</title>
<link>http://ink.library.smu.edu.sg/soa_research/1053</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1053</guid>
<pubDate>Tue, 14 May 2013 00:48:06 PDT</pubDate>
<description>
	<![CDATA[
	<p>US GAAP (SFAS 2) requires immediate expensing of research and development (R&D) expenditure. Critics of this rule contend that the current treatment incentivizes managers to cut essential investments in R&D to manage short-term profits, and such actions could lead to longer-term adverse consequences for firms and investors. While other observers argue that there is little rigorous research that suggests that the current accounting treatment has harmful consequences. In this study, we exploit a setting in Germany when the accounting rule for R&D reporting changed from immediate expensing (as in the U.S.) to partial capitalization when Germany adopted International Financial Reporting Standards (IFRS) in 2005. We analyze German public companies over the years 1997 to 2009, and employ an econometric technique called Stochastic Frontier Analysis (SFA) to generate estimates of firm-specific efficiency for each firm-year in our sample. An attractive feature of the German setting is that it enables a firm to act as its own control, and as a result, concerns regarding self selection and omitted firm attributes could largely be mitigated. We find that efficiency of German firms improved significantly in the post-IFRS adoption period relative to the pre period. We also run our tests on a control sample of German companies that have never reported R&D expense during our sample period and find no evidence of efficiency gain for this control group following the IFRS adoption. This analysis helps to closely tie the observed efficiency gain to the change in the R&D reporting rule. Finally, our results are robust to alternative model specifications, various alternative input and output measures for estimating efficiency, and a battery of sensitivity tests.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>Bias in the Mean Reversion Estimator in Continuous-Time Gaussian and Lévy Processes</title>
<link>http://ink.library.smu.edu.sg/soe_research/1503</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1503</guid>
<pubDate>Tue, 14 May 2013 00:48:05 PDT</pubDate>
<description>
	<![CDATA[
	<p>Continuous-time L evy processes have become increasingly popular in the asset pricing literature and estimation of the mean reversion parameter has attracted attention recently. This paper develops the approximate  nite-sample bias of the ordinary least squares or quasi maximum likelihood estimator of the mean reversion parameter in continuous-time L evy processes. Simulations show that in general the approximate bias works well in capturing the true bias of the mean reversion estimator under difference scenarios. However, when the time span is small and the mean reversion parameter is approaching its lower bound, we  find it more difficult to approximate well the  nite-sample bias.</p>

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</description>

<author>Yong Bao et al.</author>


</item>




<item>
<title>Wage, Income and Consumption Inequality in Japan, 1981-2008: from Boom to Lost Decades</title>
<link>http://ink.library.smu.edu.sg/soe_research/1502</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1502</guid>
<pubDate>Tue, 14 May 2013 00:48:04 PDT</pubDate>
<description>
	<![CDATA[
	<p>In this paper we document the main features of the distributions of wages, earnings, consumption and wealth in Japan since the early 1980s using four main data sources: the Basic Survey on Wage Structure (BSWS), the Family Income and Expenditure Survey (FIES), the National Survey of Family Income and Expenditure (NSFIE) and the Japanese Panel Survey of Consumers (JPSC). We present an empirical analysis of inequality that specifically considers the path from individual wages and earnings, to household earnings, after-tax income, and finally consumption. We find that household earnings inequality rose substantially over this period. Inequality in disposable income and in consumption also rose over this period but to a lesser extent, suggesting taxes and transfers as well as insurance channels available to households help to insulate household consumption from shocks to wages. We find the same pattern in inequality trends when we look over the life cycle of households as we do over time in the economy. Additionally we find that there are notable differences in the inequality trends for wages and hours between men and women over this period.</p>

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</description>

<author>Ken YAMADA et al.</author>


</item>




<item>
<title>Revisiting the Determinants of Students&apos; Performance in an Undergraduate Accountancy Degree Programme in Singapore</title>
<link>http://ink.library.smu.edu.sg/soa_research/1052</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1052</guid>
<pubDate>Tue, 14 May 2013 00:48:04 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study investigates the association of prior academic achievement, admission interview, critical thinking, mathematical aptitude, gender and age with successful academic performance in an undergraduate accountancy degree programme at a Singapore university. The purpose of revisiting the determinants of academic performance is twofold: first, university accounting education in Singapore has changed greatly since Koh and Koh’s earlier study (1999); this study examines if determinants previously identified as significant continue to be so in the new setting; second, the study tests the usefulness of admission interview in identifying applicants who achieve subsequent academic success. Data on students’ performance throughout the whole degree programme are obtained from the university students’ records database. Results indicate that prior academic performance, admission interview, critical thinking, mathematical aptitude and gender are significantly associated with successful academic performance in the accountancy degree programme. However, age is not significantly associated with successful academic performance.</p>

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</description>

<author>Poh Sun SEOW et al.</author>


</item>




<item>
<title>Demography, Development and the Origin of Democracy: A Model with Case Studies of Arachic Athens and Maritime England</title>
<link>http://ink.library.smu.edu.sg/soe_research/1501</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1501</guid>
<pubDate>Tue, 14 May 2013 00:48:02 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Brishti GUHA</author>


</item>




<item>
<title>Assessing the Valuation and Risk Implications of Fair Value Accounting for Liabilities: Evidence from FAS 159&apos;s Reported Gains and Losses</title>
<link>http://ink.library.smu.edu.sg/soa_research/1051</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1051</guid>
<pubDate>Tue, 14 May 2013 00:48:02 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study examines the implications of fair value liability gains and losses arising from the adoption of Statement of Financial Accounting Standards No. 159 (hereafter FAS 159). We find a positive correspondence between a firm’s FAS 159 fair value liability gains and losses and stock returns. Further analysis indicates that fair value gains and losses from liabilities attributable to the change in a firm’s own credit risk, which are considered counter-intuitive by critics of fair value accounting for liabilities, are also positively related to returns. Lastly, we document that the volatility of earnings that incorporate FAS 159 liability fair value gains and losses is positively associated with market measures of firm risk. Our study contributes to the controversy over recognition of liability fair value gains and losses by providing direct empirical evidence that such gains and losses are perceived as economic income by market participants.</p>

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</description>

<author>Keng Kevin OW YONG et al.</author>


</item>




<item>
<title>Endogenous Transaction Cost, Specialization, and Strategic Alliance</title>
<link>http://ink.library.smu.edu.sg/soe_research/1500</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1500</guid>
<pubDate>Tue, 14 May 2013 00:48:00 PDT</pubDate>
<description>
	<![CDATA[
	<p>In property rights theory, firm is an organizational response to reduce transaction cost associated with hold-up of using market mechanism. We claim that strategic alliance -- without changing firm boundaries or asset ownership -- is another type of organizational response. We construct a model to investigate individual firms' strategic choice on specialization or diversification when producing intermediate products and their further choice of organizational form: autarchy or forming strategic alliance. We introduce fixed learning costs as an indicator of scales of economy and show that only if fixed learning costs are large enough, will firms have incentive to be specialization and form strategic alliance. We distinguish between asymmetric strategic alliance and symmetric strategic alliance and show that transaction cost is not monotonic with respect to fixed learning costs. In particular, for asymmetric strategic alliance, there exists overinvestment with un-utilized capacity. Further, asymmetric strategic alliance is always unstable, while symmetric strategic alliance is stable only if fixed learning costs are large enough. The firm who is entitled with higher learning cost gets higher payoff -- rewards for the endeavor. If firms are more patient, they are less likely to form strategic alliance.</p>

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</description>

<author>Yi ZHANG et al.</author>


</item>




<item>
<title>The effect of corporate tax avoidance on the cost of equity</title>
<link>http://ink.library.smu.edu.sg/soa_research/1050</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1050</guid>
<pubDate>Tue, 14 May 2013 00:48:00 PDT</pubDate>
<description>
	<![CDATA[
	<p>While prior studies have examined how investors perceive extreme forms of tax avoidance behavior such as tax sheltering and uncertain tax position (e.g., Hanlon and Slemrod 2009; Wilson 2009; Koester 2011; Hutchens and Rego 2012), there is little evidence on how investors perceive less extreme forms of tax avoidance. This study fills this void by examining the relation between firm’s cost of equity and corporate tax avoidance using three measures that capture less extreme forms of corporate tax avoidance: book-tax differences, permanent book-tax differences, and long-run cash effective tax rates. We find that less aggressive forms of corporate tax avoidance significantly reduces a firm’s cost of equity. Further analyses reveal that this effect is stronger for (i) firms with better outside monitoring, (ii) firms that likely realize higher marginal benefits from tax savings, and (iii) firms with better information quality. Our study presents large-sample results on how investors perceive less aggressive corporate tax avoidance and shows that tax planning is a value-enhancing activity for shareholders.</p>

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</description>

<author>Kiat Bee Jimmy LEE et al.</author>


</item>




<item>
<title>Managerial incentives and management forecast precision</title>
<link>http://ink.library.smu.edu.sg/soa_research/1049</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1049</guid>
<pubDate>Tue, 14 May 2013 00:47:57 PDT</pubDate>
<description>
	<![CDATA[
	<p>Managers have great discretion in determining management forecast characteristics, but little is known about how managerial incentives affect these characteristics. In this paper, we examine whether managers strategically choose the precision of their earnings forecasts for self-serving purposes. Building on prior research demonstrating that the market reaction to vague management forecasts is weaker than its reaction to precise forecasts, we find that for management forecasts disclosed before insider sales, more positive (negative) news forecasts are more (less) precise than other management forecasts. The opposite applies to management forecasts disclosed before insider purchases. These results are consistent with managers strategically choosing the precision of their earnings forecasts to increase stock prices before insider sales and to decrease stock prices before insider purchases. Additional analyses indicate that the impact of managerial incentives on forecast precision is less pronounced when institutional ownership is high or when disclosure risk is high, and is more pronounced when it is difficult for investors to assess the precision of managers’ information.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>Specification Test for Panel Data Models with Interactive Fixed Effects</title>
<link>http://ink.library.smu.edu.sg/soe_research/1499</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1499</guid>
<pubDate>Tue, 14 May 2013 00:47:57 PDT</pubDate>
<description>
	<![CDATA[
	<p>In this paper, we propose a consistent nonparametric test for linearity in panel data models with interactive fixed effects. To construct the test statistic, we need to estimate the model under the null hypothesis of linearity and then obtain the restricted residuals. We show that after being appropriately centered and standardized, the test statistic is asymptotically normally distributed both under the null hypothesis and a sequence of Pitman local alternatives. To improve the finite sample performance, we propose a bootstrap procedure to obtain the bootstrap p-values. A small set of Monte Carlo simulations illustrates that our test performs well in finite samples. An application to an economic growth data indicates significant nonlinear relationships between economic growth, initial income level and capital accumulation.</p>

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</description>

<author>Liangjun SU et al.</author>


</item>




<item>
<title>Income Inequality in Singapore</title>
<link>http://ink.library.smu.edu.sg/soe_research/1498</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1498</guid>
<pubDate>Tue, 14 May 2013 00:47:55 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Kim Song TAN</author>


</item>




<item>
<title>CEO contractual protection and managerial short-termism</title>
<link>http://ink.library.smu.edu.sg/soa_research/1048</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1048</guid>
<pubDate>Tue, 14 May 2013 00:47:55 PDT</pubDate>
<description>
	<![CDATA[
	<p>How to address managerial short-termism has been an important issue for companies, regulators, and researchers. In this paper we examine the impact of CEO contractual protection, in the form of employment agreement and severance pay agreement, on managerial short-termism. We find that firms with CEO contractual protection are less likely to cut R&D expenditures to avoid earnings decreases. The effect is both statistically and economically significant. We further find that the effect of CEO contractual protection is stronger in cases where CEOs have stronger incentives to engage in myopic behavior, either due to job security concerns or due to short investment horizon of investors, and in cases where alternative monitoring mechanisms are weaker.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>Variable Selection in Nonparametric and Semiparametric Regression Models</title>
<link>http://ink.library.smu.edu.sg/soe_research/1497</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1497</guid>
<pubDate>Tue, 14 May 2013 00:47:51 PDT</pubDate>
<description>
	<![CDATA[
	<p>This chapter reviews the literature on variable selection in nonparametric and semiparametric regression models via shrinkage. We highlight recent developments on simultaneous variable selection and estimation through the methods of least absolute shrinkage and selection operator (Lasso), smoothly clipped absolute deviation (SCAD) or their variants, but restrict our attention to nonparametric and semiparametric regression models. In particular, we consider variable selection in additive models, partially linear models, functional/varying coefficient models, single index models, general nonparametric regression models, and semiparametric/nonparametric quantile regression models.</p>

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</description>

<author>Liangjun SU et al.</author>


</item>




<item>
<title>Olam International Singapore – Managing Growth and Business Risks</title>
<link>http://ink.library.smu.edu.sg/soa_research/1047</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1047</guid>
<pubDate>Tue, 14 May 2013 00:47:51 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>See Liang FOO</author>


</item>




<item>
<title>The Euro Crisis: Developments and Implications in Financial Markets</title>
<link>http://ink.library.smu.edu.sg/soe_research/1496</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1496</guid>
<pubDate>Tue, 14 May 2013 00:47:46 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Winston T.H. Koh</author>


</item>




<item>
<title>Financial Mathematics for Actuaries</title>
<link>http://ink.library.smu.edu.sg/soe_research/1495</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1495</guid>
<pubDate>Tue, 14 May 2013 00:47:45 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Wai-Sum Chan et al.</author>


</item>




<item>
<title>Productivity Incentive at Work</title>
<link>http://ink.library.smu.edu.sg/soa_research/1046</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1046</guid>
<pubDate>Tue, 14 May 2013 00:47:45 PDT</pubDate>
<description>
	<![CDATA[
	<p>On the issue of productivity incentives, Professor Sum Yee Loong from SMU School of Accounting provided some insights into the Production and Innovation Credit (PIC) scheme and how it can help SMEs offset the increase in the Dependency ratio ceilings (DRCs) announced in the recent Singapore Budget 2012.</p>

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</description>

<author>Yee Loong SUM</author>


</item>




<item>
<title>Step-up procedures for non-inferiority tests with multiple experimental treatments</title>
<link>http://ink.library.smu.edu.sg/soe_research/1494</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1494</guid>
<pubDate>Tue, 14 May 2013 00:47:44 PDT</pubDate>
<description>
	<![CDATA[
	<p>Non-inferiority (NI) trials are becoming more popular. The NI of a new treatment compared with a standard treatment is established when the new treatment maintains a substantial fraction of the treatment effect of the standard treatment. A valid NI trial is also required to show assay sensitivity, the demonstration of the standard treatment having the expected effect with a size comparable to those reported in previous placebo-controlled studies. A three-arm NI trial is a clinical study that includes a new treatment, a standard treatment and a placebo. Most of the statistical methods developed for three-arm NI trials are designed for the existence of only one new treatment. Recently, a single-step procedure was developed to deal with NI trials with multiple new treatments with the overall familywise error rate controlled at a specified level. In this article, we extend the single-step procedure to two new step-up procedures for NI trials with multiple new treatments. A comparative study of test power shows that both proposed step-up procedures provide a significant improvement of power when compared to the single-step procedure. One of the two proposed step-up procedures also allows the flexibility of allocating different error rates between the sensitivity hypothesis and the NI hypotheses so that the assignment of fewer patients to the placebo becomes possible when designing NI trials. We illustrate the new procedures using data from a clinical trial.</p>

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</description>

<author>Koon Shing KWONG et al.</author>


</item>




<item>
<title>Maximising Tax-Related Cashflows for SMEs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1045</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1045</guid>
<pubDate>Tue, 14 May 2013 00:47:44 PDT</pubDate>
<description>
	<![CDATA[
	<p>SMU Associate Professor of Accounting Khoo Teng Aun compared the two options available to an SME not in a tax-paying position – cash payout (CP) or the Productivity and Innovation Credit (PIC) deduction/allowance – and concluded that whether the company should claim CP when it is incurring losses would depend on, among other considerations, its expected profitability in future years.</p>

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</description>

<author>Teng Aun KHOO</author>


</item>




<item>
<title>Finding Dynamic Treatment Effects under Anticipation: Spanking Effects on Behavior</title>
<link>http://ink.library.smu.edu.sg/soe_research/1493</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soe_research/1493</guid>
<pubDate>Tue, 14 May 2013 00:47:43 PDT</pubDate>
<description>
	<![CDATA[
	<p>The dynamic treatment effect literature considers multiple treatments administered over time, with some treatments affected by interim outcomes. But the literature overlooks the possibility of individuals acting in anticipation of future treatments. This lack of anticipation aspect may not matter in the drug–response relationships which motivated the literature. But human beings (or animals with some intelligence) do not just respond to current and past treatments, but also ‘reflect and anticipate’ future treatments. For example, a punishment or reward is likely to prompt forward looking. Even if no personal punishment or reward is involved, people may take action in anticipation of a future government policy, which would be an important concern for policy makers. The paper explores how to find dynamic treatment effects allowing for forward looking or anticipation by extending available dynamic treatment effect approaches in the literature. Then the methods proposed are applied to the effects of spanking on a child's bad behaviour where a child may act better in anticipation of future spanking, which is analogous to the relationship between punishment and crime.</p>

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</description>

<author>Myoung-jae LEE et al.</author>


</item>




<item>
<title>The Role of a Non-Executive Director in SMEs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1044</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1044</guid>
<pubDate>Tue, 14 May 2013 00:47:43 PDT</pubDate>
<description>
	<![CDATA[
	<p>There are not many SMEs in Singapore which employ independent non-executive directors. SMU Associate Professor of Accounting Wang Jiwei advised that there are immense benefits that a non-executive director can bring to an SME as its business grows. These include the credibility that the person can bring to the management team, including the important and useful contacts, as well as different skill sets and experiences. “Understand your needs and then identify the right type of experienced individuals who possess the necessary expertise or business networks. There is a high possibility that your ‘perfect' non-executive director may be someone you already know,” he said.</p>

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</description>

<author>Jiwei WANG</author>


</item>




<item>
<title>The Role of a Non-Executive Director in SMEs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1043</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1043</guid>
<pubDate>Tue, 14 May 2013 00:47:42 PDT</pubDate>
<description>
	<![CDATA[
	<p>There are not many SMEs in Singapore which employ independent non-executive directors. SMU Associate Professor of Accounting Wang Jiwei advised that there are immense benefits that a non-executive director can bring to an SME as its business grows. These include the credibility that the person can bring to the management team, including the important and useful contacts, as well as different skill sets and experiences. “Understand your needs and then identify the right type of experienced individuals who possess the necessary expertise or business networks. There is a high possibility that your ‘perfect' non-executive director may be someone you already know,” he said.</p>

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</description>

<author>Jiwei WANG</author>


</item>




<item>
<title>Raising the bar</title>
<link>http://ink.library.smu.edu.sg/soa_research/1042</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1042</guid>
<pubDate>Tue, 14 May 2013 00:47:41 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Jiwei WANG</author>


</item>




<item>
<title>SGX Listing Rule 1207(1): Challenegs &amp; Opportunities for CAEs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1041</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1041</guid>
<pubDate>Tue, 14 May 2013 00:47:39 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>See Liang FOO</author>


</item>




<item>
<title>SGX Listing Rule 1207(1): Challenegs &amp; Opportunities for CAEs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1040</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1040</guid>
<pubDate>Tue, 14 May 2013 00:47:35 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>See Liang FOO</author>


</item>




<item>
<title>Making Sense of Other Comprehensive Income</title>
<link>http://ink.library.smu.edu.sg/soa_research/1039</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1039</guid>
<pubDate>Tue, 14 May 2013 00:47:29 PDT</pubDate>
<description>
	<![CDATA[
	<p>SMU Associate Professor of Accounting (Practice) Pearl Tan commented on how other comprehensive income (OCI) is different from net income, and how SME managers and stakeholders may use the information on other comprehensive income to evaluate the business. She highlighted that it is important for owners and managers of SMEs to understand the components of OCI and commented on how it will affect reported equity and net assets. Stakeholders of an SME may also use the information on OCI to assess risks and to estimate future cash flows from the reported unrealised gains or losses.</p>

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</description>

<author>Hock Neo, Pearl TAN</author>


</item>




<item>
<title>Does Earnings Quality Affect Information Asymmetry: Evidence from Trading Costs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1038</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1038</guid>
<pubDate>Tue, 14 May 2013 00:47:29 PDT</pubDate>
<description>
	<![CDATA[
	<p>The adverse consequences of poor earnings quality have been the subject of significant debate among academics, practitioners and regulators. However, the empirical evidence on pricing implications of earnings quality is sparse and controversial. We examine one potential consequence of poor earnings quality - its impact on information asymmetry. We document that poor earnings quality increases the adverse selection risk as manifested in trading costs and lowers liquidity in financial markets. Both innate and discretionary components of earnings quality contribute significantly to information asymmetry. Further, poor earnings quality exacerbates information asymmetry around earnings announcements, especially for firms where earnings represent the principal source of information for market participants, suggesting that poor quality earnings offers a greater information advantage to informed traders. An important implication is that earnings quality can affect cost of capital via its impact on trading cost. Additionally, from a policy perspective, we show that earnings quality can lead to significant variation in information asymmetry even for firms within a uniform reporting regime.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>Does Earnings Quality Affect Information Asymmetry: Evidence from Trading Costs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1037</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1037</guid>
<pubDate>Tue, 14 May 2013 00:47:27 PDT</pubDate>
<description>
	<![CDATA[
	<p>The adverse consequences of poor earnings quality have been the subject of significant debate among academics, practitioners and regulators. However, the empirical evidence on pricing implications of earnings quality is sparse and controversial. We examine one potential consequence of poor earnings quality - its impact on information asymmetry. We document that poor earnings quality increases the adverse selection risk as manifested in trading costs and lowers liquidity in financial markets. Both innate and discretionary components of earnings quality contribute significantly to information asymmetry. Further, poor earnings quality exacerbates information asymmetry around earnings announcements, especially for firms where earnings represent the principal source of information for market participants, suggesting that poor quality earnings offers a greater information advantage to informed traders. An important implication is that earnings quality can affect cost of capital via its impact on trading cost. Additionally, from a policy perspective, we show that earnings quality can lead to significant variation in information asymmetry even for firms within a uniform reporting regime.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>The Relevance of Accounting Information in a Stock Market Bubble: Evidence from Internet IPOs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1036</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1036</guid>
<pubDate>Tue, 14 May 2013 00:47:26 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>CEO contractual protection and managerial short-termism</title>
<link>http://ink.library.smu.edu.sg/soa_research/1034</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1034</guid>
<pubDate>Tue, 14 May 2013 00:47:25 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Xia CHEN et al.</author>


</item>




<item>
<title>The Relevance of Accounting Information in a Stock Market Bubble: Evidence from Internet IPOs</title>
<link>http://ink.library.smu.edu.sg/soa_research/1035</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1035</guid>
<pubDate>Tue, 14 May 2013 00:47:25 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>Contagion effect of restatements through common directorships</title>
<link>http://ink.library.smu.edu.sg/soa_research/1033</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1033</guid>
<pubDate>Tue, 14 May 2013 00:47:24 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality?</title>
<link>http://ink.library.smu.edu.sg/soa_research/1032</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1032</guid>
<pubDate>Tue, 14 May 2013 00:47:19 PDT</pubDate>
<description>
	<![CDATA[
	<p>Mandatory audit partner rotation has been adopted in certain countries while audit firm rotation is still being debated in many places. Most of the extant research on the relation between auditor tenure and earnings quality provides evidence at the audit firm level. However, since audit firm tenure is correlated with partner tenure and audit firm rotation is more costly than partner rotation, it is important to know whether earnings quality is related to audit firm tenure, partner tenure, or both. We investigate this issue using a sample of Taiwanese companies for which the audit report must be signed by two partners with their names disclosed in the report. Using performance adjusted discretionary accruals as a proxy for earnings quality, we find that the absolute and positive values of discretionary accruals decrease significantly with partner tenure. After controlling for partner tenure, we find that absolute discretionary accruals decrease significantly with audit firm tenure. Our findings are not consistent with the arguments that earnings quality decreases with extended audit partner tenure and that audit firm rotation in addition to partner rotation would improve earnings quality. Our results are robust to alternative ways of measuring partner tenure under the dual signature system. However, since the audit reports do not disclose which partner is responsible for maintaining the auditor-client relationship, measurement errors in partner tenure remain an issue that cannot be fully addressed in the context of our study.</p>

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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality?</title>
<link>http://ink.library.smu.edu.sg/soa_research/1031</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1031</guid>
<pubDate>Tue, 14 May 2013 00:47:18 PDT</pubDate>
<description>
	<![CDATA[
	<p>Mandatory audit partner rotation has been adopted in certain countries while audit firm rotation is still being debated in many places. Most of the extant research on the relation between auditor tenure and earnings quality provides evidence at the audit firm level. However, since audit firm tenure is correlated with partner tenure and audit firm rotation is more costly than partner rotation, it is important to know whether earnings quality is related to audit firm tenure, partner tenure, or both. We investigate this issue using a sample of Taiwanese companies for which the audit report must be signed by two partners with their names disclosed in the report. Using performance adjusted discretionary accruals as a proxy for earnings quality, we find that the absolute and positive values of discretionary accruals decrease significantly with partner tenure. After controlling for partner tenure, we find that absolute discretionary accruals decrease significantly with audit firm tenure. Our findings are not consistent with the arguments that earnings quality decreases with extended audit partner tenure and that audit firm rotation in addition to partner rotation would improve earnings quality. Our results are robust to alternative ways of measuring partner tenure under the dual signature system. However, since the audit reports do not disclose which partner is responsible for maintaining the auditor-client relationship, measurement errors in partner tenure remain an issue that cannot be fully addressed in the context of our study.</p>

	]]>
</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality?</title>
<link>http://ink.library.smu.edu.sg/soa_research/1030</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1030</guid>
<pubDate>Tue, 14 May 2013 00:47:17 PDT</pubDate>
<description>
	<![CDATA[
	<p>Mandatory audit partner rotation has been adopted in certain countries while audit firm rotation is still being debated in many places. Most of the extant research on the relation between auditor tenure and earnings quality provides evidence at the audit firm level. However, since audit firm tenure is correlated with partner tenure and audit firm rotation is more costly than partner rotation, it is important to know whether earnings quality is related to audit firm tenure, partner tenure, or both. We investigate this issue using a sample of Taiwanese companies for which the audit report must be signed by two partners with their names disclosed in the report. Using performance adjusted discretionary accruals as a proxy for earnings quality, we find that the absolute and positive values of discretionary accruals decrease significantly with partner tenure. After controlling for partner tenure, we find that absolute discretionary accruals decrease significantly with audit firm tenure. Our findings are not consistent with the arguments that earnings quality decreases with extended audit partner tenure and that audit firm rotation in addition to partner rotation would improve earnings quality. Our results are robust to alternative ways of measuring partner tenure under the dual signature system. However, since the audit reports do not disclose which partner is responsible for maintaining the auditor-client relationship, measurement errors in partner tenure remain an issue that cannot be fully addressed in the context of our study.</p>

	]]>
</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Audit firm legal form and fraudulent financial reporting</title>
<link>http://ink.library.smu.edu.sg/soa_research/1029</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1029</guid>
<pubDate>Tue, 14 May 2013 00:47:16 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Value Relevance of Disclosed Fair Value Information and Hedging Activities: Evidence from Singapore</title>
<link>http://ink.library.smu.edu.sg/soa_research/1028</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1028</guid>
<pubDate>Tue, 14 May 2013 00:47:15 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Hock Neo, Pearl TAN</author>


</item>




<item>
<title>Security regulations, access to the markets, and firm performance: Evidence from China</title>
<link>http://ink.library.smu.edu.sg/soa_research/1027</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1027</guid>
<pubDate>Tue, 14 May 2013 00:47:13 PDT</pubDate>
<description>
	<![CDATA[
	<p>In this paper we study the economic consequences of the security regulation in China that requires firms to meet certain profitability benchmark before they can apply for rights offerings or seasoned equity offerings (SEOs). We find that due to the lack of access to the equity financing market, firms with high growth opportunities but low profitability underperform firms with similar growth opportunities and true profitability but engage in earnings management to obtain SEOs. In contrast, we find that firms with high profitability but low growth opportunities underperform when they obtain additional equity financing from SEOs. Additional analyses indicate that compared to SEO firms with low growth opportunities, those with high growth opportunities invest more on capital expenditures and are less likely to experience tunneling. Moreover, we find that investors have the ability to distinguish between firms with high growth opportunities from other without. Overall, our analyses indicate significant cost of the regulation.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>Does foreign firms&apos; shortcut to Wall Street Cut short their financial reporting quality? Evidence from Chinese reverse mergers</title>
<link>http://ink.library.smu.edu.sg/soa_research/1026</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1026</guid>
<pubDate>Tue, 14 May 2013 00:47:12 PDT</pubDate>
<description>
	<![CDATA[
	<p>We find that Chinese reverse merger (RM) firms exhibit lower financial reporting quality than U.S. RM firms, which in turn have poorer financial reporting quality than U.S. regular firms. These results indicate that the use of RM process is associated with poor financial reporting quality and the weak legal enforcement on Chinese RM firms exacerbates the problem. Moreover, the financial reporting quality of Chinese RM firms is inferior to that of other Chinese firms listed in the U.S. Compared with other Chinese firms listed in the U.S., Chinese RM firms exhibit lower bonding incentives and poorer corporate governance. Overall, the results indicate that the RM process provides foreign firms that exhibit low bonding incentives and poor governance with a “shortcut” to Wall Street, leading to poor financial reporting quality.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>Is the decline in the information content of earnings following restatements temporary?</title>
<link>http://ink.library.smu.edu.sg/soa_research/1025</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1025</guid>
<pubDate>Tue, 14 May 2013 00:47:10 PDT</pubDate>
<description>
	<![CDATA[
	<p>Prior research finds that the decline in the information content of earnings after restatement announcements is temporary and that earnings response coefficient (ERC), the proxy for the information content of earnings, bounces back after three quarters. We find that this temporary decline documented in prior research is driven by two design choices: (1) the inclusion of both accounting irregularities and other restatements, and (2) the restriction of data availability for the two quarters immediately surrounding restatement announcements, which reduces the sample size by about half. After separately investigating accounting irregularities and other restatements and relaxing the data restriction, we find that accounting irregularity firms experience a significant decrease in ERC over a much longer period – close to three years after restatement announcements. In contrast, other restatement firms experience a decline in ERC only for one quarter after restatement announcements.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>CEO contractual protection and managerial short-termism</title>
<link>http://ink.library.smu.edu.sg/soa_research/1024</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1024</guid>
<pubDate>Tue, 14 May 2013 00:47:07 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>CEO contractual protection and managerial short-termism</title>
<link>http://ink.library.smu.edu.sg/soa_research/1023</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1023</guid>
<pubDate>Tue, 14 May 2013 00:47:06 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>Do Analyst Regulations Work?  Evidence from the Impact of NASD Rule 2711 on the Liquidity Changes Surrounding Coverage Initiations</title>
<link>http://ink.library.smu.edu.sg/soa_research/1022</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1022</guid>
<pubDate>Tue, 14 May 2013 00:47:03 PDT</pubDate>
<description>
	<![CDATA[
	<p>We investigate the net effect of NASD Rule 2711 on information intermediary role of analysts by examining the market reaction and changes in liquidity surrounding coverage initiations in the pre- and post- regulation periods. This regulation was intended to eliminate conflict of interests faced by analysts with investment banking ties, but it has in essence blocked information flow between research and investment banking functions. We document that coverage initiations in the post-regulation period evoke stronger market reactions and greater liquidity improvements for firms with high pre-existing analyst coverage. These results indicate that the benefits of NASD Rule 2711 are mainly confined to firms with richer information environments. Further analyses reveal that these results are more pronounced for growth firms, suggesting that the benefits of the regulation are greater when the potential for conflict of interests is higher.</p>

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</description>

<author>Tharindra RANASINGHE et al.</author>


</item>




<item>
<title>Do Analyst Regulations Work?  Evidence from the Impact of NASD Rule 2711 on the Liquidity Changes Surrounding Coverage Initiations</title>
<link>http://ink.library.smu.edu.sg/soa_research/1021</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1021</guid>
<pubDate>Tue, 14 May 2013 00:47:02 PDT</pubDate>
<description>
	<![CDATA[
	<p>We investigate the net effect of NASD Rule 2711 on information intermediary role of analysts by examining the market reaction and changes in liquidity surrounding coverage initiations in the pre- and post- regulation periods. This regulation was intended to eliminate conflict of interests faced by analysts with investment banking ties, but it has in essence blocked information flow between research and investment banking functions. We document that coverage initiations in the post-regulation period evoke stronger market reactions and greater liquidity improvements for firms with high pre-existing analyst coverage. These results indicate that the benefits of NASD Rule 2711 are mainly confined to firms with richer information environments. Further analyses reveal that these results are more pronounced for growth firms, suggesting that the benefits of the regulation are greater when the potential for conflict of interests is higher.</p>

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</description>

<author>Tharindra RANASINGHE et al.</author>


</item>




<item>
<title>Executive Compensation and Regulation Imposed Governance: Evidence from the California Non-Profit Integrity Act (2004)</title>
<link>http://ink.library.smu.edu.sg/soa_research/1020</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1020</guid>
<pubDate>Tue, 14 May 2013 00:47:00 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Tharindra RANASINGHE et al.</author>


</item>




<item>
<title>Executive Compensation and Regulation Imposed Governance: Evidence from the California Non-Profit Integrity Act (2004)</title>
<link>http://ink.library.smu.edu.sg/soa_research/1019</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1019</guid>
<pubDate>Tue, 14 May 2013 00:46:59 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Tharindra RANASINGHE et al.</author>


</item>




<item>
<title>In Search of a Different Accounting Graduate: Entry-point Determinants of Students’ Performance in an Undergraduate Accountancy Degree Programme in Singapore</title>
<link>http://ink.library.smu.edu.sg/soa_research/1018</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1018</guid>
<pubDate>Tue, 14 May 2013 00:46:58 PDT</pubDate>
<description>
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</description>

<author>Poh Sun SEOW et al.</author>


</item>




<item>
<title>The Triangular Relationship Between Audit Committee Characteristics, Audit Inputs, and Financial Reporting Quality</title>
<link>http://ink.library.smu.edu.sg/soa_research/1017</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1017</guid>
<pubDate>Tue, 14 May 2013 00:46:55 PDT</pubDate>
<description>
	<![CDATA[
	<p>Using the reforms to audit committees mandated by the Sarbanes-Oxley Act of 2002 and the difference-in-difference approach, we examine the impact of changes in audit committee attributes (financial expertise, size, and independence) on firms’ audit inputs and financial reporting quality. Firms directly affected by the reforms experienced a larger improvement in audit inputs (measured by audit fees and the appointment of an industry specialist auditor) and a larger increase in financial reporting quality (measured by restatements of financial reports) relative to firms that were already compliant. Importantly, we find that the decline in restatements is not related to the improvement in audit inputs. This suggests that larger, more independent, and more competent audit committees are better able to detect misstatements or deter opportunistic reporting by management, independent of the level of audit input quality. The results therefore provide justification for the audit committee reforms.</p>

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</description>

<author>Yoonseok ZANG et al.</author>


</item>




<item>
<title>Dynamic Auditor Competition and Audit Quality in Local Markets</title>
<link>http://ink.library.smu.edu.sg/soa_research/1016</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1016</guid>
<pubDate>Tue, 14 May 2013 00:46:54 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yoonseok ZANG et al.</author>


</item>




<item>
<title>The Effect on Audit Quality of Auditing along the Supply Chain</title>
<link>http://ink.library.smu.edu.sg/soa_research/1015</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1015</guid>
<pubDate>Tue, 14 May 2013 00:46:51 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yoonseok ZANG et al.</author>


</item>




<item>
<title>The Effect on Audit Quality of Auditing along the Supply Chain</title>
<link>http://ink.library.smu.edu.sg/soa_research/1014</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1014</guid>
<pubDate>Tue, 14 May 2013 00:46:50 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yoonseok ZANG et al.</author>


</item>




<item>
<title>Client Conservatism and Auditor-Client Contracting</title>
<link>http://ink.library.smu.edu.sg/soa_research/1013</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1013</guid>
<pubDate>Tue, 14 May 2013 00:46:48 PDT</pubDate>
<description>
	<![CDATA[
	<p>Auditors risk costly litigation and loss of reputation when they are associated with clients that engage in substandard financial reporting, and prior research argues that accounting conservatism reduces managements‟ tendency to misreport. Thus, we predict that client conservatism affects auditor-client contracting by reducing auditor litigation and reputation risk. Consistent with our predictions, we find that conservative audit clients are less likely to trigger auditor litigation or issue accounting restatements; and that auditors of conservative clients charge lower audit fees, issue fewer going concern opinions, and resign less frequently. Taken together, these findings are consistent with client accounting conservatism playing an important role in auditor-client contracting and outcomes.</p>

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</description>

<author>Yoonseok ZANG et al.</author>


</item>




<item>
<title>The Effect of Statement of Financial Accounting Standards No. 157 Fair Value Measurements on Analysts&apos; Information Environment</title>
<link>http://ink.library.smu.edu.sg/soa_research/1012</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1012</guid>
<pubDate>Tue, 14 May 2013 00:46:47 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study examines whether and how the analysts’ information environment is affected by the adoption of the new standard Statement of Financial Accounting Standards No. 157 Fair Value Measurements (hereafter FAS 157). FAS 157 requires firms to disclose their fair value assets and liabilities into Level 1 measurements (traded in active market), Level 2 measurements (not traded in active markets, but inputs are adjusted for similar items traded in active markets), and Level 3 measurements (inputs are unobservable and generated by the entity) as well as to provide additional information regarding these measurement inputs and valuation techniques. We show that expanded disclosure requirements in compliance with FAS 157 lead to reduced analyst uncertainty and information asymmetry among analysts. These benefits to analysts extend to firms with Level 3 assets in reducing information uncertainty but not information asymmetry. Further analysis reveal that investors react more strongly to analysts’ recommendations issued right after the filing dates in the post-FAS 157 period than before, indicating that these recommendations are more informative. Overall, our findings suggest that additional fair value disclosures as a result of FAS 157 improve the analysts’ information environment.</p>

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</description>

<author>Keng Kevin OW YONG et al.</author>


</item>




<item>
<title>Management Earnings Guidance and Stock Price Crash Risk</title>
<link>http://ink.library.smu.edu.sg/soa_research/1011</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1011</guid>
<pubDate>Tue, 14 May 2013 00:46:46 PDT</pubDate>
<description>
	<![CDATA[
	<p>Hutton, Marcus, and Tehranian (JFE 2009) show that more transparent financial reporting of earnings reduces the likelihood of a future stock price crash. We extend their work by examining how management earnings guidance is related to such crash risk. Accounting for endogeneity in guidance decisions, we find that higher annual guidance frequency is associated with higher crash risk, which contrasts with the notion that more guidance enhances transparency and reduces crash risk. Consistent with agency problems being an explanation, we find that the positive association is stronger for firms with higher executive stock ownership, weaker external monitoring, lower litigation risk, more upward-biased forecasts, and more opaque earnings. We also show that the association is weaker after the Sarbanes-Oxley Act, consistent with the act curbing agency problems. A key implication of our findings is that more guidance does not necessarily lead to better capital market outcomes.</p>

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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>Management Earnings Guidance and Stock Price Crash Risk</title>
<link>http://ink.library.smu.edu.sg/soa_research/1010</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1010</guid>
<pubDate>Tue, 14 May 2013 00:46:45 PDT</pubDate>
<description>
	<![CDATA[
	<p>Hutton, Marcus, and Tehranian (JFE 2009) show that more transparent financial reporting of earnings reduces the likelihood of a future stock price crash. We extend their work by examining how management earnings guidance is related to such crash risk. Accounting for endogeneity in guidance decisions, we find that higher annual guidance frequency is associated with higher crash risk, which contrasts with the notion that more guidance enhances transparency and reduces crash risk. Consistent with agency problems being an explanation, we find that the positive association is stronger for firms with higher executive stock ownership, weaker external monitoring, lower litigation risk, more upward-biased forecasts, and more opaque earnings. We also show that the association is weaker after the Sarbanes-Oxley Act, consistent with the act curbing agency problems. A key implication of our findings is that more guidance does not necessarily lead to better capital market outcomes.</p>

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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>Management Earnings Guidance and Stock Price Crash Risk</title>
<link>http://ink.library.smu.edu.sg/soa_research/1009</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1009</guid>
<pubDate>Tue, 14 May 2013 00:46:43 PDT</pubDate>
<description>
	<![CDATA[
	<p>Hutton, Marcus, and Tehranian (JFE 2009) show that more transparent financial reporting of earnings reduces the likelihood of a future stock price crash. We extend their work by examining how management earnings guidance is related to such crash risk. Accounting for endogeneity in guidance decisions, we find that higher annual guidance frequency is associated with higher crash risk, which contrasts with the notion that more guidance enhances transparency and reduces crash risk. Consistent with agency problems being an explanation, we find that the positive association is stronger for firms with higher executive stock ownership, weaker external monitoring, lower litigation risk, more upward-biased forecasts, and more opaque earnings. We also show that the association is weaker after the Sarbanes-Oxley Act, consistent with the act curbing agency problems. A key implication of our findings is that more guidance does not necessarily lead to better capital market outcomes.</p>

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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>Management Earnings Guidance and Stock Price Crash Risk</title>
<link>http://ink.library.smu.edu.sg/soa_research/1008</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1008</guid>
<pubDate>Tue, 14 May 2013 00:46:42 PDT</pubDate>
<description>
	<![CDATA[
	<p>Hutton, Marcus, and Tehranian (JFE 2009) show that more transparent financial reporting of earnings reduces the likelihood of a future stock price crash. We extend their work by examining how management earnings guidance is related to such crash risk. Accounting for endogeneity in guidance decisions, we find that higher annual guidance frequency is associated with higher crash risk, which contrasts with the notion that more guidance enhances transparency and reduces crash risk. Consistent with agency problems being an explanation, we find that the positive association is stronger for firms with higher executive stock ownership, weaker external monitoring, lower litigation risk, more upward-biased forecasts, and more opaque earnings. We also show that the association is weaker after the Sarbanes-Oxley Act, consistent with the act curbing agency problems. A key implication of our findings is that more guidance does not necessarily lead to better capital market outcomes.</p>

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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>Banks&apos; Surivial during the Financial Crisis: The role of Regulatory Reporting Quality</title>
<link>http://ink.library.smu.edu.sg/soa_research/1007</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1007</guid>
<pubDate>Tue, 14 May 2013 00:46:40 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>The Effect of Board Independence on the Information Environment and Information Asymmetry</title>
<link>http://ink.library.smu.edu.sg/soa_research/1006</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1006</guid>
<pubDate>Tue, 14 May 2013 00:46:39 PDT</pubDate>
<description>
	<![CDATA[
	<p>Our paper examines how the independence of a firm’s board affects its information environment in terms of earnings quality, management forecast frequency, analyst coverage, and information asymmetry among investors. Using board connections (defined as the fraction of directors who also sit on at least one other firm’s board that has a majority of independent directors) as our instrument of board independence, we show that greater board independence leads to higher earnings quality, greater management forecast frequency, and broader analyst coverage. We also show that these outcomes mediate the effect of board independence in reducing information asymmetry among investors in the equity markets.</p>

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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>Examining the Informational Role of Analysts’ Forecasts and its Impact on the Relation between Earnings Surprises and Investors’ Responses</title>
<link>http://ink.library.smu.edu.sg/soa_research/1005</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1005</guid>
<pubDate>Tue, 14 May 2013 00:46:36 PDT</pubDate>
<description>
	<![CDATA[
	<p>Prior research documents the existence of two distinct post-earnings announcement drifts. Interestingly, investors seem to underreact more toward earnings announcements that are associated with analyst-based earnings surprises (hereafter AF drift) than that based on seasonal random walk earnings surprises (hereafter RW drift). Several explanations have been put forward to examine differences in hedge returns between the AF drift and the RW drift. We utilize a relative measure of investor underreaction to compare the extent of delayed market reaction between both drifts. Using this measure, we find that investors react proportionately faster to analyst-based earnings surprises than to random-walk earnings surprises. We also examine why the AF drift has declined substantially over the years. Finally, we show that there is significant cross-sectional variation for our measure with various firms’ information environment attributes.</p>

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</description>

<author>Joonho LEE et al.</author>


</item>




<item>
<title>The Triangular Relationship Between Audit Committee Characteristics, Audit Input and Financial Reporting Quality</title>
<link>http://ink.library.smu.edu.sg/soa_research/1004</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1004</guid>
<pubDate>Tue, 14 May 2013 00:46:34 PDT</pubDate>
<description>
	<![CDATA[
	<p>Using the reforms to audit committees mandated by the Sarbanes-Oxley Act of 2002 and the difference-in-difference approach, we examine the impact of changes in audit committee attributes (financial expertise, size, and independence) on firms’ audit inputs and financial reporting quality. Firms directly affected by the reforms experienced a larger improvement in audit inputs (measured by audit fees and the appointment of an industry specialist auditor) and a larger increase in financial reporting quality (measured by restatements of financial reports) relative to firms that were already compliant. Importantly, we find that the decline in restatements is not related to the improvement in audit inputs. This suggests that larger, more independent, and more competent audit committees are better able to detect misstatements or deter opportunistic reporting by management, independent of the level of audit input quality. The results therefore provide justification for the audit committee reforms.</p>

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</description>

<author>Jae Bum KIM et al.</author>


</item>




<item>
<title>Readability of annual reports, CFO characteristics, and financial expertise of the board</title>
<link>http://ink.library.smu.edu.sg/soa_research/1002</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1002</guid>
<pubDate>Tue, 14 May 2013 00:46:31 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>Insider Trading and Option Returns Around Earnings Announcements</title>
<link>http://ink.library.smu.edu.sg/soa_research/1001</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1001</guid>
<pubDate>Tue, 14 May 2013 00:46:28 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>Valuation and Risk Implications of Fair Value Accounting for Liabilities: Evidence from FAS 159’s Reported Gains and Losses</title>
<link>http://ink.library.smu.edu.sg/soa_research/1000</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/1000</guid>
<pubDate>Tue, 14 May 2013 00:46:27 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>Valuation and Risk Implications of Fair Value Accounting for Liabilities: Evidence from FAS 159’s Reported Gains and Losses</title>
<link>http://ink.library.smu.edu.sg/soa_research/999</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/999</guid>
<pubDate>Tue, 14 May 2013 00:46:25 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study examines how investors perceive fair value gains and losses arising from the adoption of the standard Statement of Financial Accounting Standards No. 159 The Fair Value Option for Financial Assets and Financial Liabilities (hereafter FAS 159). We find that there is a positive correspondence between a firm’s stock returns and FAS 159 gains and losses attributable to fair value changes in assets. However, we do not observe a similar relation for gains and losses arising from fair value changes in liabilities. The results provide support that there are different valuation implications from fair valuing liabilities as opposed to fair valuing assets. Specifically, investors may perceive the value implications of fair value changes from liabilities as less economically viable than those arising from changes in the fair values of assets. Further analyses provide support that FAS 159 gains and losses enable investors to better assess the underlying economic risk of the firm.</p>

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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>The Reactions of Analysts and Institutional Investors to Firms’ Real Activities Management</title>
<link>http://ink.library.smu.edu.sg/soa_research/998</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/998</guid>
<pubDate>Tue, 14 May 2013 00:46:24 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study examines the effect of real activities management (RAM) on firms’ future performance and the reactions of analysts and institutional investors to RAM. The issue of whether RAM has a positive or negative effect on firms’ operating performance is not conclusive in the prior literature. We posit that RAM has a direct negative effect on firms’ future sales and present the confirming evidence. Our analysis of the response of analysts to RAM reveals that analysts lower their sales forecasts upon observing RAM, supporting the notion that they understand the negative effect of RAM on firms’ future sales. We also find that institutional investors sell their stocks in firms that show signs of RAM. Recent studies report that tighter accounting standards can prompt RAM. Our evidence is important in this context because it shows that some market participants are able to observe RAM and that they penalize those firms accordingly.</p>

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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>Hedge Funds and Analyst Conflict of Interest</title>
<link>http://ink.library.smu.edu.sg/soa_research/997</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/997</guid>
<pubDate>Tue, 14 May 2013 00:46:23 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>Hedge Funds and Analyst Conflict of Interest</title>
<link>http://ink.library.smu.edu.sg/soa_research/996</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/996</guid>
<pubDate>Tue, 14 May 2013 00:46:20 PDT</pubDate>
<description>
	<![CDATA[
	
	]]>
</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>Hedge Funds and Analyst Conflict of Interest</title>
<link>http://ink.library.smu.edu.sg/soa_research/995</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/995</guid>
<pubDate>Tue, 14 May 2013 00:46:20 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>The Effect of Statement of Financial Accounting Standards No. 157 Fair Value Measurements on Analysts’ Information Environment (Presentation)</title>
<link>http://ink.library.smu.edu.sg/soa_research/994</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/994</guid>
<pubDate>Tue, 14 May 2013 00:46:17 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>Hedge Funds and Analyst Conflict of Interest</title>
<link>http://ink.library.smu.edu.sg/soa_research/993</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/993</guid>
<pubDate>Tue, 14 May 2013 00:46:16 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Sung Gon CHUNG et al.</author>


</item>




<item>
<title>The dynamics of auditor reputation effects</title>
<link>http://ink.library.smu.edu.sg/soa_research/992</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/992</guid>
<pubDate>Tue, 14 May 2013 00:46:16 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Spillover effects of restatements on the financial reporting behavior of board-interlocked firms</title>
<link>http://ink.library.smu.edu.sg/soa_research/991</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/991</guid>
<pubDate>Tue, 14 May 2013 00:46:15 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study examines the spillover effects of restatements on the financial reporting behavior of firms that share common directors with the restating firms (“interlocked firms”). Using a sample of restating firms, we find that restatements trigger investors’ concerns over the financial reporting among interlocked firms and these reporting concerns induce the directors associated with the restatement (“tainted directors”) to improve the financial reporting quality at the interlocked firms. Specifically, interlocked firms exhibit lower discretionary accruals in the year after the restatement events than do control firms, and this effect is more pronounced when the tainted directors also sit on the audit committees of the interlocked firms or when the tainted directors continue to serve in the interlocked firms in the year following the restatement. Our study extends the literature on the consequences of restatement and the governance implications of board interlocks.</p>

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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Spillover effects of restatements on the financial reporting behavior of board-interlocked firms</title>
<link>http://ink.library.smu.edu.sg/soa_research/990</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/990</guid>
<pubDate>Tue, 14 May 2013 00:46:13 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study examines the spillover effects of restatements on the financial reporting behavior of firms that share common directors with the restating firms (“interlocked firms”). Using a sample of restating firms, we find that restatements trigger investors’ concerns over the financial reporting among interlocked firms and these reporting concerns induce the directors associated with the restatement (“tainted directors”) to improve the financial reporting quality at the interlocked firms. Specifically, interlocked firms exhibit lower discretionary accruals in the year after the restatement events than do control firms, and this effect is more pronounced when the tainted directors also sit on the audit committees of the interlocked firms or when the tainted directors continue to serve in the interlocked firms in the year following the restatement. Our study extends the literature on the consequences of restatement and the governance implications of board interlocks.</p>

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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Executive equity compensation and earnings management: A quantile regression approach</title>
<link>http://ink.library.smu.edu.sg/soa_research/989</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/989</guid>
<pubDate>Tue, 14 May 2013 00:46:10 PDT</pubDate>
<description>
	<![CDATA[
	<p>Prior research has investigated the association between chief executive officer (CEO) equity compensation and earnings management but the evidence is not conclusive. Our empirical results show that CEO equity compensation is positively associated with discretionary accruals at the high quantiles of discretionary accruals, but the coefficient on equity compensation decreases monotonically as the quantile lowers, and is significantly negative at the low quantiles of discretionary accruals. The results are robust to alternative measures of CEO equity incentives and earnings management and alternative model specifications. Overall, the quantile regression results suggest that equity compensation motivates income-increasing earnings management when discretionary accruals are at the high tail of the distribution. Conversely, equity compensation mitigates income-increasing earnings management at the low tail of the distribution of discretionary accruals.</p>

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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Does foreign company&apos;s shortcut to Wall Street Cut short their Financial Reporting Quality? Evidence form Chinese Reverse Merger</title>
<link>http://ink.library.smu.edu.sg/soa_research/988</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/988</guid>
<pubDate>Tue, 14 May 2013 00:46:08 PDT</pubDate>
<description>
	<![CDATA[
	<p>We find that Chinese reverse merger (RM) firms exhibit lower financial reporting quality than U.S. RM firms, which in turn have poorer financial reporting quality than U.S. regular firms. These results indicate that the use of RM process is associated with poor financial reporting quality and the weak legal enforcement on Chinese RM firms exacerbates the problem. Moreover, the financial reporting quality of Chinese RM firms is inferior to that of other Chinese firms listed in the U.S. Compared with other Chinese firms listed in the U.S., Chinese RM firms exhibit lower bonding incentives and poorer corporate governance. Overall, the results indicate that the RM process provides foreign firms that exhibit low bonding incentives and poor governance with a “shortcut” to Wall Street, leading to poor financial reporting quality.</p>

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</description>

<author>Kun-chih CHEN et al.</author>


</item>




<item>
<title>Internal governance and real earnings management</title>
<link>http://ink.library.smu.edu.sg/soa_research/987</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/987</guid>
<pubDate>Tue, 14 May 2013 00:46:04 PDT</pubDate>
<description>
	<![CDATA[
	<p>In this paper, we examine whether key subordinate executives have the incentives and ability to restrain the extent of real earnings management. Using the number of years to retirement to capture key subordinate executives’ incentives and using their relative to CEO compensation to capture their influence within the firm, we find that the extent of real earnings management decreases with key subordinate executives’ horizon and influence. In cross-sectional analyses, we find that the impact of internal governance is less important when the CEO is less myopic, is less effective when the key subordinate executives are promoted by the CEO, and is more important for firms with more complex operations where key subordinate executives’ contribution is higher, and is enhanced by the effectiveness of external governance. This paper contributes to the literature by examining how internal governance affects the extent of real earnings management. This examination is important as it sheds light on how the members of the management team work together and shape financial reporting quality.</p>

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</description>

<author>Kiat Bee Jimmy LEE et al.</author>


</item>




<item>
<title>Do Analyst Regulations Work?  Evidence from the Impact of NASD Rule 2711 on the Liquidity Changes Surrounding Coverage Initiations</title>
<link>http://ink.library.smu.edu.sg/soa_research/986</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/986</guid>
<pubDate>Tue, 14 May 2013 00:46:03 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Tharindra RANASINGHE et al.</author>


</item>




<item>
<title>Executive Compensation and Regulation Imposed Governance: Evidence from the California Non-Profit Integrity Act (2005)</title>
<link>http://ink.library.smu.edu.sg/soa_research/985</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/985</guid>
<pubDate>Tue, 14 May 2013 00:46:01 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Tharindra RANASINGHE et al.</author>


</item>




<item>
<title>The impact of SFAS133 on income smoothing by banks through loan loss provisions</title>
<link>http://ink.library.smu.edu.sg/soa_research/984</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/984</guid>
<pubDate>Tue, 14 May 2013 00:45:54 PDT</pubDate>
<description>
	<![CDATA[
	<p>We examine the impact of SFAS 133, Accounting for Derivative Instruments and Hedging Activities, on the reporting behavior of commercial banks and the informativeness of their financial statements. We argue that because the stricter recognition and classification requirements of SFAS 133 reduced banks' ability to smooth income through derivatives, banks more affected by SFAS 133 will rely more on loan loss provisions to smooth income. We find evidence consistent with this argument. We also find that the increased reliance on loan loss provisions for smoothing income has impaired the informativeness of loan loss provisions.</p>

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</description>

<author>Tharindra RANASINGHE et al.</author>


</item>




<item>
<title>CEO contractual protection and managerial short-termism</title>
<link>http://ink.library.smu.edu.sg/soa_research/983</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/983</guid>
<pubDate>Tue, 14 May 2013 00:45:53 PDT</pubDate>
<description>
	<![CDATA[
	<p>How to address managerial short-termism has been an important issue for companies, regulators, and researchers. In this paper we examine the impact of CEO contractual protection, in the form of employment agreement and severance pay agreement, on managerial short-termism. We find that firms with CEO contractual protection are less likely to cut R&D expenditures to avoid earnings decreases. The effect is both statistically and economically significant. We further find that the effect of CEO contractual protection is stronger in cases where CEOs have stronger incentives to engage in myopic behavior, either due to job security concerns or due to short investment horizon of investors, and in cases where alternative monitoring mechanisms are weaker.</p>

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</description>

<author>Xia CHEN et al.</author>


</item>




<item>
<title>Developing a Digital Story for Engaged Student Learning</title>
<link>http://ink.library.smu.edu.sg/soa_research/982</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/982</guid>
<pubDate>Tue, 14 May 2013 00:45:51 PDT</pubDate>
<description>
	<![CDATA[
	<p>Once upon a time, a long long time ago, in a classroom far far away, teachers don’t have fancy animated slides, textbooks, projectors or even whiteboards… they simply share their knowledge by telling stories. Now, with all the technologies at our disposal, we can tell more engaging stories and engage our students in the digital realm.  This presentation is about a 12-episode (spanning a storyline of 2-3 years) digital story that helps students understand how accounting can make the difference in running a successful business venture. We hope to rekindle your interest in telling stories! The first four episodes of our MD2D story can be viewed at www.research.smu.edu.sg/faculty/MD2D/.</p>

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</description>

<author>Themin SUWARDY et al.</author>


</item>




<item>
<title>Managerial incentives and management forecast precision</title>
<link>http://ink.library.smu.edu.sg/soa_research/981</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/981</guid>
<pubDate>Tue, 14 May 2013 00:45:50 PDT</pubDate>
<description>
	<![CDATA[
	<p>Despite managers’ great discretion in determining management forecast characteristics, little is known about how managerial incentives affect these characteristics. In this paper we examine whether managers strategically choose the precision, or the specificity, of their earnings forecasts for self-serving purposes. Built on the finding that the market reaction to vague management forecasts is weaker than that to precise forecasts, we find that for management forecasts disclosed before insider sales, good news are more precise and bad news are less precise than other management forecasts. The opposite applies to management forecasts disclosed before insider purchases. These results are consistent with managers choosing the precision of their earnings forecasts to increase stock prices before insider sales and to decrease stock prices before insider purchases. Additional analyses indicate that the impact of managerial incentives on forecast precision is less pronounced when institutional ownership is high or when disclosure risk is high, and is more pronounced when it is more difficult for investors to assess the precision of managers’ information.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>Managerial incentives and management forecast precision</title>
<link>http://ink.library.smu.edu.sg/soa_research/980</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/980</guid>
<pubDate>Tue, 14 May 2013 00:45:48 PDT</pubDate>
<description>
	<![CDATA[
	<p>Despite managers’ great discretion in determining management forecast characteristics, little is known about how managerial incentives affect these characteristics. In this paper we examine whether managers strategically choose the precision, or the specificity, of their earnings forecasts for self-serving purposes. Built on the finding that the market reaction to vague management forecasts is weaker than that to precise forecasts, we find that for management forecasts disclosed before insider sales, good news are more precise and bad news are less precise than other management forecasts. The opposite applies to management forecasts disclosed before insider purchases. These results are consistent with managers choosing the precision of their earnings forecasts to increase stock prices before insider sales and to decrease stock prices before insider purchases. Additional analyses indicate that the impact of managerial incentives on forecast precision is less pronounced when institutional ownership is high or when disclosure risk is high, and is more pronounced when it is more difficult for investors to assess the precision of managers’ information.</p>

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</description>

<author>Qiang CHENG et al.</author>


</item>




<item>
<title>Executive equity compensation and earnings management: A quantile regression approach</title>
<link>http://ink.library.smu.edu.sg/soa_research/979</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/979</guid>
<pubDate>Tue, 14 May 2013 00:45:47 PDT</pubDate>
<description>
	<![CDATA[
	<p>Prior research has investigated the association between executive equity compensation and earnings management but the evidence is not conclusive. We investigate this question using the quantile regression approach which allows the coefficient on the independent variable (equity compensation) to shift across the distribution of the dependent variable (earnings management). Based on a sample of 18,203 U.S. non-financial firm-year observations from 1995 to 2008, we find that chief executive officer (CEO) equity compensation is positively associated with the absolute value of discretionary accruals at all quantiles of absolute discretionary accruals, but the association becomes weaker as the quantile decreases. The association between CEO equity compensation and signed values of discretionary accruals is positive (negative) when the discretionary accruals are at the high (medium and low) quantiles. The results are robust to alternative measures of equity incentives and earnings management and alternative model specifications. Overall, the quantile regression results suggest that equity compensation motivates income-increasing earnings management when the firm has low financial reporting quality, but mitigates income-increasing earnings management when the financial reporting quality is high. The results also demonstrate that the least-squares and least-sum optimization techniques which are used commonly in prior research do not capture the behavior of firms at the high and low quantiles of financial reporting quality.</p>

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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Audit firm legal form and fraudulent financial reporting</title>
<link>http://ink.library.smu.edu.sg/soa_research/978</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/978</guid>
<pubDate>Tue, 14 May 2013 00:45:46 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chih-Ying CHEN et al.</author>


</item>




<item>
<title>Building the CFO Function: Roles and Responsibilities</title>
<link>http://ink.library.smu.edu.sg/soa_research/977</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/977</guid>
<pubDate>Tue, 14 May 2013 00:45:43 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Andrew LEE et al.</author>


</item>




<item>
<title>Accounting &amp; Productivity: Answering the big questions</title>
<link>http://ink.library.smu.edu.sg/soa_research/976</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/976</guid>
<pubDate>Tue, 14 May 2013 00:45:42 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Shan Chi Gary PAN et al.</author>


</item>




<item>
<title>Singapore Tax Workbook (15th Edition)</title>
<link>http://ink.library.smu.edu.sg/soa_research/975</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/975</guid>
<pubDate>Tue, 14 May 2013 00:45:41 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Yee Loong SUM</author>


</item>




<item>
<title>Financial Reporting and Disclosure: An Adaptation to Singapore Financial Reporting Standards</title>
<link>http://ink.library.smu.edu.sg/soa_research/974</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/974</guid>
<pubDate>Tue, 14 May 2013 00:45:40 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Hock Neo, Pearl TAN</author>


</item>




<item>
<title>Building the CFO Function: Roles and Responsibilities</title>
<link>http://ink.library.smu.edu.sg/soa_research/973</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/973</guid>
<pubDate>Tue, 14 May 2013 00:45:37 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chunqi (Tracey) ZHANG et al.</author>


</item>




<item>
<title>Intermediate Accounting: IFRS Edition (Global Edition)</title>
<link>http://ink.library.smu.edu.sg/soa_research/972</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/972</guid>
<pubDate>Tue, 14 May 2013 00:45:36 PDT</pubDate>
<description>
	<![CDATA[
	<p>INTERMEDIATE ACCOUNTING by Kieso, Weygandt, and Warfield is, quite simply, the standard by which all other intermediate accounting texts are measured. Through thirty years and twelve best-selling editions, the text has built a reputation for accuracy, comprehensiveness, and student success.</p>

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</description>

<author>J. David Spiceland et al.</author>


</item>




<item>
<title>Direct and Mediated Associations among Earnings Quality, Information Asymmetry and the Cost of Equity</title>
<link>http://ink.library.smu.edu.sg/soa_research/971</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/971</guid>
<pubDate>Tue, 14 May 2013 00:45:33 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>Using Digital Storytelling to Engage Student Learning</title>
<link>http://ink.library.smu.edu.sg/soa_research/970</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/970</guid>
<pubDate>Tue, 14 May 2013 00:45:32 PDT</pubDate>
<description>
	<![CDATA[
	<p>No one really knows what the first story ever told in human history was, but storytelling is an art that spans many civilizations and cultures, and continues to be a major part of our modern lives. More recently, storytelling has gone digital with advances in technology and connectivity. Educators have also rediscovered how storytelling can be an effective teaching pedagogy for engaged student learning. A digital story can engage students' visual and auditory senses in a way that the written word alone cannot. This article describes such an effort. The Movie-Door-2-Door.com (MD2D) is a digital story spanning 12 episodes. The story revolves around three young business graduates who started their own business and discovered the role of financial information in managing a business along the way. An independent survey by the University's teaching unit showed that the use of such digital stories can be an appropriate pedagogy to help student contextualize accounting and its role in helping management make decisions. The first four episodes of the MD2D digital story are available for viewing at www.research.smu.edu.sg/faculty/MD2D/.</p>

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</description>

<author>Themin SUWARDY et al.</author>


</item>




<item>
<title>Non-audit fees, institutional monitoring, and audit quality</title>
<link>http://ink.library.smu.edu.sg/soa_research/969</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/969</guid>
<pubDate>Tue, 14 May 2013 00:45:28 PDT</pubDate>
<description>
	<![CDATA[
	<p>We posit that the effect of non-audit fees on audit quality is conditional on the extent of institutional monitoring. We suggest that institutional investors have incentives and the ability to monitor financial reporting quality. Because of the reputation concerns and potential litigation exposure, auditors are likely to provide high audit quality, when they also provide non-audit services to clients, particularly when clients are subject to high institutional monitoring. We find evidence that, as non-audit fees increase, audit quality (measured by performance-adjusted discretionary current accruals and earnings-response coefficients) reduces only for clients with low institutional ownership but not for clients with high institutional ownership. Our results are robust after controlling for auditor industry specialization, firms’ operating volatility, size effect, and potential endogeneity between institutional ownership and audit quality.</p>

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</description>

<author>Chee Yeow LIM et al.</author>


</item>




<item>
<title>Investors’ Trade Size and Trading Responses Around Earnings Announcements: An Empirical Investigation.</title>
<link>http://ink.library.smu.edu.sg/soa_research/968</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/968</guid>
<pubDate>Tue, 14 May 2013 00:45:26 PDT</pubDate>
<description>
	<![CDATA[
	<p>Prior research suggests that the earnings expectations of a segment of the market can be described by the seasonal random‐walk model. Prior research also provides evidence that less wealthy and less informed investors tend to make smaller trades (small traders) than wealthier and betterinformed investors (large traders). I hypothesize that it is the earnings expectations of small traders that are associated with predictions from the seasonal random‐walk model. By directly analyzing the trading activities of small and large traders, this study provides evidence that is largely consistent with the hypotheses. Specifically, small traders' trading response around earnings announcements is increasing in the magnitude of seasonal random‐walk forecast errors, even after controlling for absolute analyst forecast errors, contemporaneous price changes, and market‐wide trading. Supplementary analysis reveals that this effect is largely confined to firms with relatively impoverished information environments (i.e., smaller firms and firms with little to moderate analyst following).</p>

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</description>

<author>Nilabhra BHATTACHARYA</author>


</item>




<item>
<title>Assessing the Relative Informativeness and Permanence of Pro Forma Earnings and GAAP Operating Earnings</title>
<link>http://ink.library.smu.edu.sg/soa_research/967</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/967</guid>
<pubDate>Tue, 14 May 2013 00:45:25 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study investigates whether market participants perceive pro forma earnings to be more informative and more persistent than GAAP operating income by analyzing a sample of 1,149 actual pro forma press releases. We find that pro forma announcers report frequent GAAP losses and are mostly concentrated in the service and high-tech industries. Our analyses of short-window abnormal returns and revisions in analysts’ one-quarter-ahead earnings forecasts indicate that pro forma earnings are more informative and more permanent than GAAP operating earnings. Our evidence suggests that market participants believe pro forma earnings are more representative of “core earnings” than GAAP operating income.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>Does the Market Listen to Whispers</title>
<link>http://ink.library.smu.edu.sg/soa_research/965</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/965</guid>
<pubDate>Tue, 14 May 2013 00:45:22 PDT</pubDate>
<description>
	<![CDATA[
	<p>In this study, we investigate the characteristics and information content of whisper forecasts of earnings. Based on data on earnings whispers obtained from public sources and from one private website (‘getwhispers.com’), we examine whether whisper forecasts are more optimistic, on average, than consensus analyst forecasts, and how the market perceives whisper forecasts as compared to consensus analyst forecasts. Our results indicate that whisper forecasts are more optimistic, on average, than consensus analyst forecasts. Further, we find that consensus forecasts are as accurate as whisper forecasts. Our market perception tests reveal that in both the short-run and the long-run, whispers are not incrementally informative to consensus analyst forecasts. Further, we find no evidence that analysts use the information contained in whispers to revise their forecasts. On the contrary, we find that analysts' consensus forecasts often have incremental information content over whisper numbers. However, our inferences are not applicable to recent whisper data since our sample period ends in March 2001. Proprietary ways of analyzing market and street expectations have the potential to add value in picking stocks and assessing market direction. Our findings do not apply to data disseminated via existing, commercial whisper websites that are not part of the sample which may have the potential to add value through proprietary data or analyses using proprietary algorithms.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


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<item>
<title>Empirical Evidence on Recent Trends in Pro Forma Reporting</title>
<link>http://ink.library.smu.edu.sg/soa_research/966</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/966</guid>
<pubDate>Tue, 14 May 2013 00:45:22 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study provides descriptive evidence on the controversial trend adopted by many firms in recent years of reporting earnings figures on a pro forma basis. pro forma earnings exclude normal income statement items that managers deem to be nonrecurring or nonrepresentative of ongoing operations. We examine a large sample of actual pro forma press releases issued between January 1998 and December 2000. We find that pro forma announcers tend to be relatively “young” firms that are concentrated primarily in the tech sector and business services industries, and that they are significantly less profitable, more liquid, and have higher debt levels, P‐E ratios, and book‐to‐market ratios than other firms in their own industries. Our results indicate that while firms commonly exclude multiple expenses in arriving at their pro forma earnings figure, they usually do not exclude the same items in subsequent pro forma announcements. These results support the criticism that pro forma announcements are often motivated by managers' desires to meet or beat analysts' expectations or to avoid earnings decreases.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


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<item>
<title>“Pro Forma Disclosure and Investor Sophistication: External Validation of Experimental “Pro Forma Disclosure and Investor Sophistication: External Validation of Experimental “Pro Forma Disclosure and Investor Sophistication: External Validation of Experimental Evidence Using Archival Data</title>
<link>http://ink.library.smu.edu.sg/soa_research/964</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/964</guid>
<pubDate>Tue, 14 May 2013 00:45:21 PDT</pubDate>
<description>
	<![CDATA[
	<p>Insights on how ordinary, less-sophisticated investors interpret and process management-issued pro forma earnings numbers are useful to regulators because of concerns that pro forma disclosures are misleading to ordinary investors. Two recent experimental studies [Frederickson, J. R., & Miller, J. S. (2004). The effects of pro forma earnings disclosures on analysts’ and nonprofessional investors’ equity valuation judgments. The Accounting Review, 79(3), 667–686; Elliott, W. B. (2006). Are investors influenced by pro forma emphasis and reconciliations in earnings announcements? The Accounting Review, 81(1), 113–133] find that the existence of a pro forma number in the earnings press release as well as the relative placement of the pro forma and GAAP earnings figures within the press release affect the judgments of less-sophisticated investors but not those of more-sophisticated investors. Experimental and archival methodologies complement one another and results that persist in both settings are likely to be robust to both internal and external validity concerns. Therefore, we complement experimental evidence using trade-size-based proxies constructed from intraday transactions data to distinguish the trading activities of less-sophisticated investors from more-sophisticated investors. Our results suggest that less-sophisticated investors rely significantly more on quarterly earnings press releases that include a pro forma number than on those that do not, while more-sophisticated investors exhibit the opposite behavior. This result is consistent with Frederickson and Miller’s experimental evidence. Further, consistent with Elliott’s results, we find that less-sophisticated investors rely more on the pro forma figure when it is placed before the GAAP earnings number in the press release, while more-sophisticated investors’ trading behavior is unaffected by the relative placement of the two earnings metrics. We conclude that the existence of a pro forma number as well as its strategic placement in the press release generally affect the judgments of less-sophisticated (but not more-sophisticated) investors and these inferences are robust because they persist in both experimental and archival settings.</p>

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<author>Nilabhra BHATTACHARYA et al.</author>


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<item>
<title>Systematic Share Price Fluctuations after Bankruptcy Filings and the Investors Who Drive Them</title>
<link>http://ink.library.smu.edu.sg/soa_research/963</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/963</guid>
<pubDate>Tue, 14 May 2013 00:45:19 PDT</pubDate>
<description>
	<![CDATA[
	<p>Beginning in the 1990s, firms often continue to trade on the major national exchanges after Chapter 11 bankruptcy filings. For bankruptcies filed from 1993-2003, we find that the more negative the filing period price reaction, the more favorable the immediate post- filing returns, on average. This reversal is not attributable to bid-ask bounce, it holds after controlling for other factors associated with post-filing returns, and it appears more attributable to the activities of large traders than to small traders. Supplementary tests reveal that the pattern of post-filing returns differs significantly for bankruptcies filed in bull versus bear markets. Bankruptcies filed during the 1993 to 1999 bull market enjoy substantial but short-lived reversals averaging one-third of the filing period price plunge. These reversals are inconsistent with efficient assimilation of the bankruptcy information. In contrast, we find no evidence of post-filing reversals for bankruptcies filed from 2000 to 2003.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


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<item>
<title>Who Trades on Pro Forma Earnings Information?</title>
<link>http://ink.library.smu.edu.sg/soa_research/962</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/962</guid>
<pubDate>Tue, 14 May 2013 00:45:18 PDT</pubDate>
<description>
	<![CDATA[
	<p>In recent years, many companies have emphasized adjusted‐GAAP earnings numbers in their quarterly press releases. While managers use different names to describe these nonstandard earnings metrics, the financial press frequently refers to them as “pro forma” earnings. Managers and other advocates of pro forma reporting argue that these disclosures provide a clearer picture of companies' core earnings. On the other hand, regulators, policymakers, and the financial press often allege that managers' pro forma earnings disclosures are opportunistic attempts to mislead investors. Recent evidence suggests that while many pro forma earnings disclosures are altruistically motivated, some may represent managers' attempts to portray overly optimistic financial performance. If this is the case, then less wealthy, less sophisticated, individual investors are arguably the most at risk of being misled. Consequently, this study investigates who trades on pro forma earnings information. Our intraday investigation of transactions around earnings announcements containing pro forma earnings information reveals that less sophisticated investors' announcement‐period abnormal trading is significantly positively associated with the magnitude and direction of the earnings surprise based on pro forma earnings. In contrast, we find no association between sophisticated investors' trading and manager‐reported pro forma information. Overall, our analyses and numerous robustness tests suggest that the segment of the market that relies on pro forma earnings information is populated predominantly by less sophisticated individual investors. This evidence is particularly relevant to standard‐setters and regulators given that Section 401(b) of the Sarbanes‐Oxley Act of 2002 and subsequent SEC regulations are specifically designed to protect ordinary investors from misleading pro forma information.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>The Relevance of Accounting Information in a Stock Market Bubble: Evidence from Internet IPOs</title>
<link>http://ink.library.smu.edu.sg/soa_research/961</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/961</guid>
<pubDate>Tue, 14 May 2013 00:45:17 PDT</pubDate>
<description>
	<![CDATA[
	<p>Prior research shows that accounting information is relevant for stock valuation, failure prediction, performance evaluation, optimal contracting, and other decision-making contexts in relatively stable market settings. By contrast, accounting's role during stock market bubbles such as those involving a revolutionary emerging technology is the subject of considerable debate, and prominent market observers have alleged that outdated and flawed accounting practices contributed to the crash of the Internet-led high-tech bubble of the late 1990s. We address the issue of whether accounting data is informative in a stock market bubble by examining its failure prediction ability in the context of Internet IPOs, one of the most egregious and economically significant sectors of the high tech bubble. Our setting of young start-up firms is one in which there is relatively little room for managerial discretion with respect to accounting accruals; Internet firms' accounting earnings closely approximate operating cash flows. Yet in contrast to widespread criticisms of accounting and its alleged role in fueling the bubble, we find that accounting variables are highly informative for failure prediction; specifically, they are significant in explaining ex post realized Internet IPO failures. Using an existing IPO failure prediction methodology and two alternative definitions of innovative IPOs, we further show that ex ante, out-of-sample Internet IPO failure forecasts are associated with economically and statistically significant hedge returns. Our analyses suggest that the traditional financial reporting system could serve as an anchor during speculative bubbles.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>Direct and Mediated Associations Among Earnings Quality, Information Asymmetry and the Cost of Equity</title>
<link>http://ink.library.smu.edu.sg/soa_research/960</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/960</guid>
<pubDate>Tue, 14 May 2013 00:45:14 PDT</pubDate>
<description>
	<![CDATA[
	<p>Using path analysis, we investigate the direct and indirect links between three measures of earnings quality and the cost of equity. Our investigation is motivated by analytical models that specify both a direct link and an indirect link that is mediated by information asymmetry, but do not suggest which link would be more important empirically. We measure information asymmetry as both the adverse selection component of the bid-ask spread and the probability of informed trading (PIN). For a large sample of Value Line firms during 1993–2005, we find statistically reliable evidence of both a direct path from earnings quality to the cost of equity, and an indirect path that is mediated by information asymmetry, with the weight of the evidence favoring the direct path as the more important.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


</item>




<item>
<title>Does Earnings Quality and Information Asymmetry? Evidence from Trading Costs</title>
<link>http://ink.library.smu.edu.sg/soa_research/959</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/959</guid>
<pubDate>Tue, 14 May 2013 00:45:13 PDT</pubDate>
<description>
	<![CDATA[
	<p>Information asymmetry in financial markets relates to the idea that one party to a transaction has better information than the other. Since financial reporting involves the transmission of value-relevant enterprise information, we investigate whether the quality of reported earnings can contribute to differentially informed financial market participants. Higher information asymmetry is costly as it increases the adverse selection risk for market participants and lowers liquidity. For a large sample of NYSE and NASDAQ firms, we show that (i) poor earnings quality is significantly and incrementally associated with higher information asymmetry, (ii) earnings quality disproportionately affects information asymmetry for firms with poor information environments, (iii) both innate and discretionary components of earnings quality increase information asymmetry, and (iv) poor earnings quality exacerbates the information asymmetry around earnings announcements. Our results suggest that standard-setters’ efforts to develop accounting standards that improve earnings quality should contribute to a better information environment for market participants and increase stock liquidity.</p>

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</description>

<author>Nilabhra BHATTACHARYA et al.</author>


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<item>
<title>The Impact of Related Party Sales by Listed Chinese Firms on Earnings Informativeness and Analysts’ Forecasts</title>
<link>http://ink.library.smu.edu.sg/soa_research/958</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/958</guid>
<pubDate>Tue, 14 May 2013 00:45:12 PDT</pubDate>
<description>
	<![CDATA[
	<p>Using a random sample of 140 of China's listed firms, we show an adverse impact of related party (RP) sales of goods and services on the usefulness of accounting earnings to investors and on the quality of earnings forecasts by financial analysts. Consistent with the contention that RP sales may violate the arm's-length assumption of regular transactions and consequently impair the representational faithfulness and verifiability of accounting data, we find that earnings of firms engaged in RP sales are at least 33% less informative after controlling for factors known to affect earnings informativeness. We also find that financial analysts are overly credulous in their acceptance of earnings numbers that are contaminated by unreliable RP sales, and provide less accurate and more optimistic earnings forecasts for firms with more RP sales. Overall, our results provide strong empirical evidence on the negative impact of RP transactions on the usefulness of accounting earnings data used by investors and by financial analysts.</p>

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</description>

<author>Jiwei WANG et al.</author>


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<item>
<title>Uncovering Governance And Mindfulness Patterns For Improved Performance: The Role of Management Accounting Systems Change</title>
<link>http://ink.library.smu.edu.sg/soa_research/957</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/957</guid>
<pubDate>Tue, 14 May 2013 00:45:11 PDT</pubDate>
<description>
	<![CDATA[
	<p>This study extends the model developed in Williams and Seaman’s [Williams, J. J. and Seaman, A. E. (2010). Corporate Governance and Mindfulness: The Impact of Management Accounting Systems Change, The Journal of Applied Business Research, Vol. 26, No. 5, pp. 1-17] exploratory paper examining the moderating effects of management accounting systems (MAS) change on the corporate governance/mindfulness relationship for a Canadian sample of 124 top-level accounting professionals. Canonical correlation analysis was applied to the linkage of multiple cognitive processes of mindfulness (Weick and Sutcliffe, 2001; 2007) and the governance dimensions of performance and conformance specified by the International Federation of Accountants (2009), underpinned by the moderating effects of five different components of MAS change, which yielded 13 significant relationships. The latter were subsequently analyzed for important gestalts (i.e., patterns) in the overall relationship, and assessed within the context of aligning professional accounting practices involving systems changes to the IFAC (2009) governance framework. These findings appear to have implications for improved governance structures in practice as well as offering a rich foundation for future research.</p>

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</description>

<author>John Joseph WILLIAMS et al.</author>


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<item>
<title>When the PCAOB talks, who listens?  Evidence from client firm reaction to adverse, GAAP deficient PCAOB inspection reports</title>
<link>http://ink.library.smu.edu.sg/soa_research/956</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/956</guid>
<pubDate>Tue, 14 May 2013 00:45:09 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chunqi (Tracey) ZHANG et al.</author>


</item>




<item>
<title>PCAOB Inspection Reports and Audit Quality</title>
<link>http://ink.library.smu.edu.sg/soa_research/955</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/955</guid>
<pubDate>Tue, 14 May 2013 00:45:08 PDT</pubDate>
<description>
	<![CDATA[
	<p>With the creation of the Public Company Accounting Oversight Board (PCAOB), audit firm oversight shifted away from self-regulation to independent regulation. The inspections program is the central feature of the PCAOB. We examine whether PCAOB inspections are able to distinguish actual audit quality (as opposed to perceived) during the period inspected to better understand this important regulatory tool. We use three measures that proxy for actual audit quality: abnormal accruals, restatements, and the propensity to issue a going concern opinion. For triennially inspected auditors, we find that PCAOB inspections are associated with lower audit quality when the reports are seriously deficient (weaker results for deficient reports). More specifically, we find clients of triennially inspected auditors that receive a deficient or seriously deficient report are associated with significantly higher abnormal current accruals and clients of auditors that receive a seriously deficient report are associated with a greater propensity to restate. Our evidence is subject to the caveat that PCAOB reports for triennially inspected auditors do not capture the going concern aspect of audit quality. For annually inspected auditors, the results are conflicting and suggest PCAOB inspection reports do not distinguish audit quality during the period inspected for annually inspected auditors.</p>

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</description>

<author>Chunqi (Tracey) ZHANG et al.</author>


</item>




<item>
<title>Internal Migration of Nurses in the United States: Migratory Prompts and Difference in Job Satisfaction between Migrant and Non-migrants</title>
<link>http://ink.library.smu.edu.sg/soa_research/954</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/954</guid>
<pubDate>Tue, 14 May 2013 00:45:06 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Tee Yong Jeffrey NG et al.</author>


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<item>
<title>IAS 39 Reclassification Choice and Analyst Earnings Forecast Properties</title>
<link>http://ink.library.smu.edu.sg/soa_research/953</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/953</guid>
<pubDate>Tue, 14 May 2013 00:45:04 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Chee Yeow LIM et al.</author>


</item>




<item>
<title>Disciplinary effect of internal control provisions of SOX on corporate governance structures</title>
<link>http://ink.library.smu.edu.sg/soa_research/952</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/952</guid>
<pubDate>Tue, 14 May 2013 00:45:01 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Beng Wee GOH</author>


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<item>
<title>Management forecast credibility and underreaction to news</title>
<link>http://ink.library.smu.edu.sg/soa_research/951</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/951</guid>
<pubDate>Tue, 14 May 2013 00:45:00 PDT</pubDate>
<description>
	<![CDATA[
	<p>In this paper, we first document evidence of underreaction to management forecast news. We then hypothesize that the credibility of the forecast influences the magnitude of this underreaction. Relying on evidence that more credible forecasts are associated with a larger reaction in the short window around the management forecasts and a smaller post-management forecast drift in returns, we show that the magnitude of the underreaction is smaller for firms that provide more credible forecasts. Our paper contributes to the literature by providing out-of-sample evidence of the drift in returns documented in the post-earnings-announcement drift literature, with the credibility of the news being one explanation for the phenomenon.</p>

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</description>

<author>Tee Yong Jeffrey NG et al.</author>


</item>




<item>
<title>Auditor reporting under Section 404: The association between the internal control and going concern audit opinions</title>
<link>http://ink.library.smu.edu.sg/soa_research/950</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research/950</guid>
<pubDate>Tue, 14 May 2013 00:44:59 PDT</pubDate>
<description>
	<![CDATA[
	<p>Section 404 of the Sarbanes-Oxley Act introduced integrated audits of internal control over financial reporting and the financial statements. Since the internal control and audit reports are joint products of the audit process, we examine whether the issuance of an internal control material weakness opinion (MWO) influences, other things equal, the issuance of a going concern audit opinion (GCO). Using a sample of financially stressed companies, we find that the issuance of a MWO increases the likelihood of a GCO, suggesting that auditors respond to the uncertainty surrounding a MWO by issuing a GCO. Further, the positive association between MWO and GCO obtains for company-level material weaknesses, which are difficult to “audit around”. We compare these results with those for a Section 302 sample with manager-reported (but not audited) material weaknesses, and find that the material weakness reported under Section 302 does not impact the GCO. Hence, the auditors respond to the uncertainty surrounding material weaknesses only when they issue MWOs, and not due to the existence of material weaknesses — that is, the issuance of a MWO induces further conservatism in the auditor's GCO decision. Our findings have relevance for policymakers. Section 404 is focused on enhancing financial reporting quality, yet there has been no discussion on how it could impact the GCO decision. To the extent that the increase in the GCO likelihood is a result of auditor conservatism, our study indicates the need for an evaluation of the effects of Section 404 on the financial statement audit.</p>

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</description>

<author>Beng Wee GOH</author>


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<item>
<title>State Immunity and Breaches of Human Rights</title>
<link>http://ink.library.smu.edu.sg/sol_research/1172</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1172</guid>
<pubDate>Tue, 14 May 2013 00:32:10 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Swee Ling Adeline CHONG</author>


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<item>
<title>Chapter 10 Terms of the Contract</title>
<link>http://ink.library.smu.edu.sg/sol_research/1171</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1171</guid>
<pubDate>Tue, 14 May 2013 00:32:09 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Austin Ignatius PULLE et al.</author>


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<item>
<title>Chapter 9 Capacity and Privity of Contract</title>
<link>http://ink.library.smu.edu.sg/sol_research/1170</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1170</guid>
<pubDate>Tue, 14 May 2013 00:32:07 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Wee Ling LOO</author>


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<item>
<title>Chapter 8 Consideration and Intention to Create Legal Relations</title>
<link>http://ink.library.smu.edu.sg/sol_research/1169</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1169</guid>
<pubDate>Tue, 14 May 2013 00:32:05 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Wee Ling LOO</author>


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<item>
<title>Contemporary Challenges in Regulating Global Crises</title>
<link>http://ink.library.smu.edu.sg/sol_research/1168</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1168</guid>
<pubDate>Tue, 14 May 2013 00:32:04 PDT</pubDate>
<description>
	<![CDATA[
	<p>Mark Findlay's treatment of regulatory sociability charts the anticipated and even inevitable transition from self to mutual interest which is the essence of taking communities of shared risk to shared fate. In the context of today's greatest global crises, he explains that for the sake of sustainability, human diversity can bond in different ways to achieve fate.</p>

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<author>Mark James FINDLAY</author>


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<item>
<title>Law of Credit and Security</title>
<link>http://ink.library.smu.edu.sg/sol_research/1167</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1167</guid>
<pubDate>Tue, 14 May 2013 00:32:02 PDT</pubDate>
<description>
	<![CDATA[
	<p>The 'Law of Credit and Security' is more than an update of the original work published in 1999 under the title of 'Finance Law'. In this new edition, the reader is eased into an understanding of the role of a banker in relation to its customer, the life cycle of a loan transaction, the practical, commercial and legal considerations which go into the negotiation of the financial package and the methods in which lenders protect their interest through carefully drafted contractual terms.  It also introduces the multi-varied methods of obtaining financing in the course of a business and the kinds of security or quasi-security interests that may be created over different assets or given by an individual in favour of the financier; with basic legal principles and key legal issues highlighted. The reader will then be taken through the legal remedies available to a financier should a borrower of a debtor default.  This title is an enhanced resource text for the non-law student pursuing a course in the law of credit and security in any tertiary institution. Law students and the legal professional may also find it useful for a basic understanding of the topics covered and as a guide for further research into the subject.</p>

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</description>

<author>Wee Ling LOO</author>


</item>




<item>
<title>Sham of the Moral Court: Testimony sold as the spoils of war</title>
<link>http://ink.library.smu.edu.sg/sol_research/1166</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1166</guid>
<pubDate>Tue, 14 May 2013 00:32:00 PDT</pubDate>
<description>
	<![CDATA[
	<p>This paper analyses the critical influences on witness-based truth-telling for judicial decision-making in the international criminal tribunals. The judicial fixation on witness testimony reflects the weight and legitimacy given to personal testimony before international courts. This weight must be balanced by the awareness that a witness may provide false testimony intentionally, or may be coaxed by third parties to provide such testimony, as has been evidenced recently before the ICC. If witness testimony is tainted then its capacity to endorse the truth-finding function of the court is compromised. As a consequence the ability to assert that the tribunal is a ‘moral court’ based on empirical truth in such circumstances is jeopardized. The nexus between witness testimony, truth, the morality of judicial determinations, and the legitimacy this affords is explored in what follows. We question whether simple assertions that witness testimony, tested through adversarial examination, produces truth and resultant morality, are all they seem. The analysis also critiques the forensic reality of witness testimony before the international tribunals. Ultimately the paper suggests that while truthful testimony is crucial if international criminal trials are to produce legitimate judicial determinations, the naïve claim to a moral court as a consequence of tested witness testimony is problematic at least and unsustainable at best.</p>

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</description>

<author>Mark James FINDLAY et al.</author>


</item>




<item>
<title>Enunciating Genocide: Crime, Rights and the Impact of Judicial Intervention</title>
<link>http://ink.library.smu.edu.sg/sol_research/1165</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1165</guid>
<pubDate>Tue, 14 May 2013 00:32:00 PDT</pubDate>
<description>
	<![CDATA[
	<p>As a consequence of recent decisions from the ICJ and the ICTR, it is clear that genocide can be pursued through the international courts both in terms of criminal liability and also rights/responsibility legal paradigms. This article suggests that this duality in possible contexts and processes of judicial determination, while being procedurally problematic, is in keeping with the human rights direction of international criminal justice. In addition, by opening the legal consideration of genocide to questions of individual liability as well as state-sponsored rights abuse, judges are now able to consider the more realistic complexity of genocide atrocity and thereby to address the diverse legitimate interests of victims. Particularly, by enabling and expanding juridical activation as the medium for legally enunciating the Genocide Convention, the determination of genocide and its consequences may benefit from enhanced certainty when reflected against the constitutional legality of the courts.</p>

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</description>

<author>Mark James FINDLAY</author>


</item>




<item>
<title>Dealing with Unforeseen Circumstances: Contractual Construction and Equitable Adjustment</title>
<link>http://ink.library.smu.edu.sg/sol_research/1164</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1164</guid>
<pubDate>Tue, 14 May 2013 00:31:57 PDT</pubDate>
<description>
	<![CDATA[
	<p>Case note on the UK Supreme Court decision of Lloyds TSB Foundation for Scotland v Lloyds Banking Group Plc [2013] UKSC 3.</p>

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</description>

<author>Man YIP et al.</author>


</item>




<item>
<title>The Pallant v Morgan Equity Reconsidered</title>
<link>http://ink.library.smu.edu.sg/sol_research/1163</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1163</guid>
<pubDate>Tue, 14 May 2013 00:31:54 PDT</pubDate>
<description>
	<![CDATA[
	<p>This paper argues that the Pallant v Morgan equity should not be recognised as an independent doctrine because it does not rest on any tenable jurisprudential basis. It shows that a characterisation based on ‘common intention’ should be rejected because it is inconsistent with established legal principles and commercial practice. The alternative explanation based on breach of fiduciary duty, as suggested by Etherton LJ in Crossco No. 4 Unlimited v Jolan Unlimited [2011] 2 All ER 754 fares no better, as there is no reason why the Pallant v Morgan equity cases should be considered separately from other instances of breach of fiduciary duty in law. Further, this account must however be read in light of the Court of Appeal's decision in Sinclair Investments (UK) Ltd v Versailles Trade Finance Ltd [2011] 3 WLR 1153 which ruled that proprietary relief is only allowed in circumstances where the breach amounts to abuse of the principal's asset. This requirement is particularly difficult to satisfy in the paradigm case of the Pallant v Morgan equity, save in the case of agency. But where there is a relationship of agency, a constructive trust will also arise in accordance with an established agency principle, resulting in duplication in results.</p>

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</description>

<author>Man YIP</author>


</item>




<item>
<title>Use Value of Money – The Defence of Exhaustion of Benefits</title>
<link>http://ink.library.smu.edu.sg/sol_research/1162</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1162</guid>
<pubDate>Tue, 14 May 2013 00:31:51 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Man YIP</author>


</item>




<item>
<title>The Rules Applying to Unmarried Cohabitants’ Family Home: Jones v Kernott [2011] UKSC 53</title>
<link>http://ink.library.smu.edu.sg/sol_research/1161</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1161</guid>
<pubDate>Tue, 14 May 2013 00:31:48 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Man YIP</author>


</item>




<item>
<title>Past Consideration or Unconnected Consideration</title>
<link>http://ink.library.smu.edu.sg/sol_research/1160</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1160</guid>
<pubDate>Tue, 14 May 2013 00:31:47 PDT</pubDate>
<description>
	<![CDATA[
	<p>It is trite law that a valid and enforceable contract must be supported by consideration. The recent Court of Appeal case of Rainforest Trading Ltd v State Bank of India Singapore [2012] 2 SLR 713 is a further addition to the local jurisprudence on consideration, specifically the issue of past consideration. This note considers the specific issue of past consideration and argues that its label should be discarded in favour of a more realistic one that correctly emphasises its underlying concerns.</p>

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</description>

<author>Yihan Goh et al.</author>


</item>




<item>
<title>Asian Treaty-Makers and Investment Treaty Arbitration: Negotiating with a Wary Eye</title>
<link>http://ink.library.smu.edu.sg/sol_research/1159</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1159</guid>
<pubDate>Tue, 14 May 2013 00:31:41 PDT</pubDate>
<description>
	<![CDATA[
	<p>The recent increase in bilateral investment treaties and free trade agreements entered into by Asian states has exposed them to increased commitments to foreign investors and the risk of investor-state arbitration. The rise in such arbitrations elsewhere has led to a considerable body of arbitral case law. This article examines the trend of such increased exposure of Asian states, salient issues that have emerged in arbitration case law and lessons for Asian treaty-makers and their legal advisors.</p>

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</description>

<author>Locknie HSU</author>


</item>




<item>
<title>Recent Changes to, and Proposals to Enhance Effectiveness of, Listing Regime in UK</title>
<link>http://ink.library.smu.edu.sg/sol_research/1158</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1158</guid>
<pubDate>Tue, 14 May 2013 00:31:37 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Wai Yee WAN</author>


</item>




<item>
<title>Contract, Unjust Enrichment and Leapfrogging</title>
<link>http://ink.library.smu.edu.sg/sol_research/1157</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research/1157</guid>
<pubDate>Tue, 14 May 2013 00:31:35 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Alvin W-L SEE</author>


</item>




<item>
<title>A Preliminary Survey of the Right to Presumption of Innocence in Singapore</title>
<link>http://ink.library.smu.edu.sg/sol_research_smu/45</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research_smu/45</guid>
<pubDate>Tue, 14 May 2013 00:22:33 PDT</pubDate>
<description>
	<![CDATA[
	<p>The right to presumption of innocence is said to exist in almost all criminal justice systems, including Singapore. Curiously, however, no Singapore case has ever attempted to establish the exact source and contours of this longstanding right. This is unsatisfactory, as this diminishes the meaningfulness of what is supposed to be a fundamental right in the criminal justice process. The primary aim of this article is thus to conduct a preliminary survey of the law on the presumption of innocence in Singapore. It begins by proposing the Woolmington conception as a workable starting point, but posits a guiding principle to further determine the scope of the right (Part I). On that footing it surveys the various sources of law in Singapore to identify the relevant rules that could either protect or detract from the right (Part II), and concludes with some reflections on the results of the survey (Part III), including the tentative suggestion that, on the proposed conceptualisation at least, the right to presumption of innocence could be better protected in Singapore and may need to be properly reconceptualised altogether.</p>

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</description>

<author>Siyuan CHEN</author>


</item>




<item>
<title>The Limits of Prosecutorial Discretion in Singapore: Past, Present, and Future</title>
<link>http://ink.library.smu.edu.sg/sol_research_smu/44</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research_smu/44</guid>
<pubDate>Tue, 14 May 2013 00:22:28 PDT</pubDate>
<description>
	<![CDATA[
	<p>The exercise of prosecutorial discretion is a unique executive act that continues to be very well-protected from public scrutiny in many jurisdictions throughout the world. In this article, I attempt to survey virtually the entire body of case law on the limits of prosecutorial discretion in Singapore. Probably because prosecutorial discretion is protected by the Constitution, it took a while for the Singapore courts to retreat from its initial characterisation of the discretion as absolute and outside the scope of any form of review. Against a wider backdrop of increasing rights-consciousness (especially within the courts) and the public demand for transparency and accountability, the legal position has evolved to its current and more legally defensible form, viz, prosecutorial discretion is not absolute, and can be subject to, inter alia, constitutional challenge. It may well be a while before this position evolves again, but the natural progression from this, as seen in other jurisdictions, is the public release of general guidelines for prosecution. While such a progression brings about certain benefits, it is not without its challenges and may be motivated (though not exclusively) by extra-legal considerations such as politics and populism. Ultimately, only the state and its people can decide on the conception of the rule of law that it subscribes to, and it is with humble hope that this article may be used as a reference point when future issues pertaining to prosecutorial discretion are considered. Read More: http://www.qscience.com/doi/abs/10.5339/irl.2013.5</p>

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</description>

<author>Siyuan CHEN</author>


</item>




<item>
<title>Advanced Fundamentals of Appellate Advocacy in a Moot Court</title>
<link>http://ink.library.smu.edu.sg/sol_research_smu/43</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research_smu/43</guid>
<pubDate>Tue, 14 May 2013 00:22:22 PDT</pubDate>
<description>
	<![CDATA[
	<p>This article discusses some of the more advanced techniques and “tricks” in mooting and is meant primarily for students who are aiming to compete in moot court competitions for the first time. It builds upon the basic fundamentals that would have been taught in a Legal Writing course, and covers the four key components of a moot: the opening, the arguments, the answering of questions, and the conclusion/rebuttals.</p>

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</description>

<author>Siyuan CHEN</author>


</item>




<item>
<title>Adding value to law firm internships</title>
<link>http://ink.library.smu.edu.sg/sol_research_smu/42</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/sol_research_smu/42</guid>
<pubDate>Tue, 14 May 2013 00:22:15 PDT</pubDate>
<description>
	<![CDATA[
	<p>Private law firm internships are often undertaken by law students during vacations. What do interns look for and find most valuable at such internships? How can law firms seeking to invest in future lawyers enhance the experiences of interns?</p>

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</description>

<author>Seow Hon TAN</author>


</item>




<item>
<title>Effects of Bilinguals’ Controlled-attention on Working Memory and Recognition</title>
<link>http://ink.library.smu.edu.sg/soss_research_smu/10</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soss_research_smu/10</guid>
<pubDate>Tue, 14 May 2013 00:20:31 PDT</pubDate>
<description>
	<![CDATA[
	
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</description>

<author>Hwajin YANG et al.</author>


</item>




<item>
<title>The Triangular Relationship Between Audit Committee Characteristics, Audit Input and Financial Reporting Quality</title>
<link>http://ink.library.smu.edu.sg/soa_research_smu/18</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research_smu/18</guid>
<pubDate>Tue, 14 May 2013 00:16:09 PDT</pubDate>
<description>
	<![CDATA[
	<p>Using the reforms to audit committees mandated by the Sarbanes-Oxley Act of 2002 and the difference-in-difference approach, we examine the impact of changes in audit committee attributes (financial expertise, size and independence) on the corporate commitment to audit assurance and on the likelihood of financial statement restatements. Firms that were directly affected by the reforms experienced a greater improvement in audit inputs (measured by audit fees and the appointment of an industry specialist auditor) and a larger decline in financial statements restatements relative to firms that had already been compliant. Importantly, we find that the decline in restatements is not related to the improvement in audit inputs. This suggests that larger, more independent and more competent audit committees are able to better detect misstatements or to deter opportunistic reporting by management, independent of the level of the audit input quality. The results therefore provide justification for the audit committee reforms.</p>

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</description>

<author>Jae Bum KIM et al.</author>


</item>




<item>
<title>Do analysts understand the valuation implications of accounting conservatism when forecasting target prices?</title>
<link>http://ink.library.smu.edu.sg/soa_research_smu/17</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research_smu/17</guid>
<pubDate>Tue, 14 May 2013 00:16:06 PDT</pubDate>
<description>
	<![CDATA[
	<p>Conservatism in earnings does not have a direct impact on the present value of future cash flows.  This paper examines whether financial analysts correctly undo the effect of accounting conservatism incorporated in their own earnings forecasts in arriving at their target price forecasts.  Based on prior findings, we consider alternative valuation models/heuristics that may be used by analysts to estimate target prices, e.g. the forward P/E and the PEG ratio.  Our evidence suggests that analysts fail to fully undo the effect of accounting conservatism embedded in their forecasts of earnings and earnings growth when estimating their target price forecasts.  More sophisticated analysts undo the effect of conservatism to a greater extent than other analysts, although their target price forecasts also exhibit conservatism-induced bias.  In contrast, the market on average appears to correctly unravel the conservatism in future earnings when pricing securities.  However, for extreme levels of conservatism, our evidence suggests that the under/over-statement of target prices leads to a distortion of market prices.</p>

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</description>

<author>Jae Bum KIM et al.</author>


</item>




<item>
<title>The Triangular Relationship Between Audit Committee Characteristics, Audit Input and Financial Reporting Quality</title>
<link>http://ink.library.smu.edu.sg/soa_research_smu/16</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research_smu/16</guid>
<pubDate>Tue, 14 May 2013 00:16:02 PDT</pubDate>
<description>
	<![CDATA[
	<p>Using the reforms to audit committees mandated by the Sarbanes-Oxley Act of 2002 and the difference-in-difference approach, we examine the impact of changes in audit committee attributes (financial expertise, size and independence) on the corporate commitment to audit assurance and on the likelihood of financial statement restatements. Firms that were directly affected by the reforms experienced a greater improvement in audit inputs (measured by audit fees and the appointment of an industry specialist auditor) and a larger decline in financial statements restatements relative to firms that had already been compliant. Importantly, we find that the decline in restatements is not related to the improvement in audit inputs. This suggests that larger, more independent and more competent audit committees are able to better detect misstatements or to deter opportunistic reporting by management, independent of the level of the audit input quality. The results therefore provide justification for the audit committee reforms.</p>

	]]>
</description>

<author>Jae Bum KIM et al.</author>


</item>




<item>
<title>Do analysts understand the valuation implications of accounting conservatism when forecasting target prices?</title>
<link>http://ink.library.smu.edu.sg/soa_research_smu/15</link>
<guid isPermaLink="true">http://ink.library.smu.edu.sg/soa_research_smu/15</guid>
<pubDate>Tue, 14 May 2013 00:16:00 PDT</pubDate>
<description>
	<![CDATA[
	<p>Conservatism in earnings does not have a direct impact on the present value of future cash flows.  This paper examines whether financial analysts correctly undo the effect of accounting conservatism incorporated in their own earnings forecasts in arriving at their target price forecasts.  Based on prior findings, we consider alternative valuation models/heuristics that may be used by analysts to estimate target prices, e.g. the forward P/E and the PEG ratio.  Our evidence suggests that analysts fail to fully undo the effect of accounting conservatism embedded in their forecasts of earnings and earnings growth when estimating their target price forecasts.  More sophisticated analysts undo the effect of conservatism to a greater extent than other analysts, although their target price forecasts also exhibit conservatism-induced bias.  In contrast, the market on average appears to correctly unravel the conservatism in future earnings when pricing securities.  However, for extreme levels of conservatism, our evidence suggests that the under/over-statement of target prices leads to a distortion of market prices.</p>

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</description>

<author>Jae Bum KIM et al.</author>


</item>





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